It’s open season to begin seeking student-debt relief of $10,000 — or up to $20,000 for Pell Grant recipients — but regulators worry it could also be open season for Read more
Tag: studentloan
‘I didn’t co-sign for anyone’s loan’: Herschel Walker rails against Biden student-debt relief plan in Georgia debate
Republican Georgia Senate candidate Herschel Walker sharply criticized on Friday President Joe Biden’s plan to forgive $10,000 of federal student loans (or $20,000 for Pell Grant recipients), calling it “not Read more
Debt cancellation got all the attention, but this Biden proposal could impact student-loan borrowers more, critics and advocates say
When President Joe Biden announced in August that his administration planned to cancel $10,000 in federal student debt for most borrowers, Allison Daurio felt some relief. Under the White House’s Read more
Legal challenges are already threatening student-loan borrowers’ access to debt forgiveness
We’re still in the early stages of legal challenges to President Joe Biden’s plan to cancel student debt for a wide swath of borrowers, but the threat of litigation is Read more
Biden’s student-loan forgiveness plan could be blocked or delayed, expert warns
A warning for those anticipating at least a portion of their student loans being forgiven: It’s not necessarily a done deal. Mark Kantrowitz, a veteran expert on student financial aid Read more
GOP legal challenges may freeze Biden’s plan for student-loan forgiveness in October, just before midterm elections
WASHINGTON—The Biden administration and Republican opponents of mass student debt cancellation appear headed for a legal confrontation with hundreds of billions of dollars at stake just weeks before the November midterm elections. GOP Read more
What will student-loan borrowers do after getting $10,000 or $20,000 in debt forgiven? MarketWatch asked readers — this was their No. 1 answer.
Americans’ student debt loads are poised to lighten up and people are making plans on what’s next for their freed-up cash. Borrowers appear to have two prime targets in mind: Read more
SoFi stock rockets toward best day since early 2021 despite ‘dismal’ student-loan numbers
SoFi Technologies Inc. has come a long way since its founding as a student-lending platform, and that expansion into new business areas has been paying off nicely for the company Read more
‘I was the sole provider’: First-generation college graduate had a perilous path to her degree. Two decades later, she still has a $80,000 student debt
When Trisha Volosin enrolled in a college as a single mom, she hoped to become the first in her biological family to earn a bachelor’s degree. Little did she expect Read more