Tag: student loans
New Regulations to Bolster Student Protections, College Accountability
The Biden-Harris administration announced new regulations this week that will strengthen oversight and accountability for higher education institutions and bolster consumer protections for student...
Supreme Court to Hear Student Debt Forgiveness Lawsuit
The U.S. Supreme Court will determine the outcome of President Joe Biden’s plan to forgive up to $20,000 in student debt for millions of...
New Report Reveals Prevalence of Debt Among Higher Education Workforce
Debt is prevalent among the higher education workforce, according to a new report by the Teachers Insurance and Annuity Association of America (TIAA) Institute.
The...
Lawsuit Targets Student Debt Cancellation Policy
A lawyer working for a libertarian legal group has filed a federal lawsuit against the U.S. Department of Education over President Biden’s policies to...
Federal Student Loan Forgiveness Calls Attention to Other Debt Relief Programs
With the recent announcement by the Biden administration that federal student loan borrowers will see a cancellation of $10,000 of student debt for low-...
Education Department Proposes Changes to Student Loan Interest, Debt Forgiveness Programs
On Wednesday, the U.S. Department of Education announced a series of proposed changes that would make student debt relief more attainable for public service...
Dartmouth College Eliminates Undergraduate Student Loans
Dartmouth College will eliminate student loans from undergraduate financial aid packages and replace them with extended scholarship awards and grants to help students from...
Student Loan Equity Gap Continues to Grow, Report Finds
A recent report on equity trends in higher education has found that student debt is growing at a higher rate for low-income and underrepresented...
Biden Administration Extends Student Loan Pause
The U.S. Department of Education announced Wednesday that it will extend the student loan payment moratorium through August 31.
The payment pause has, to this...
Education Department Announces Major Changes to Public Service Loan Forgiveness Program
The U.S. Department of Education introduced an overhaul Wednesday to the federal Public Service Loan Forgiveness (PSLF) program in an effort to grant debt...
Elizabeth Warren Stalls Biden’s Higher Education Nominee Over Student Loan Policy...
Sen. Elizabeth Warren (D-MA) is actively stalling the confirmation of James Kvaal, President Joe Biden's nominee to oversee higher-education policy, in an effort to...
New Analysis Finds College Students Could Accumulate $37,200 in Loans
Personal finance company NerdWallet recently released an analysis showing that students currently pursuing a bachelor’s degree could graduate with approximately $37,200 in debt.
An...
Education Department Cuts Devos’ Formula that Reduced Debt Relief for Defrauded...
The U.S. Department of Education announced during a Thursday press call that it is undoing a Trump-era formula that limited loan forgiveness for students...
Study Finds D.C. Has Highest Student Loan Debt in the Country
Washington, D.C. has the highest balance of student loan debt in the country, according to a Tuesday report from business insurance research company, AdvisorSmith.
The...
Joe Biden to Ask Congress to Cancel $10,000 in Student Loan...
President-elect Joe Biden is planning to provide student loan relief by asking Congress to forgive $10,000 in student debt per borrower. Biden will also...
Billionaire Investor to Launch Alternative Student Loan Program for HBCUs This...
In fall 2021, junior and senior STEM college majors at select historically Black colleges and universities (HBCUs) will be eligible for a new student...
Sweepstakes, Game Shows, and Surprise Donations to Pay Off Student Loans...
The 2019 graduating class of Morehouse College reacted with joy and tears of gratitude last week when commencement speaker Robert Smith announced he would...
Higher Education Act, Student Debt Rules Need Reform to Provide Veterinary...
Veterinary medicine scholars are uniquely affected by the student debt crisis, largely due to a higher debt-to-income ratio for veterinarians compared with that of...