May 23, 2024 160,000 more student loan borrowers will get $7.7B in debt relief, thanks to President Biden The amount of total debt relief is now $167 billion. BY Reuters U.S. President Joe Biden on Wednesday announced the cancellation of another $7.7 billion in student debt for 160,000 borrowers, bringing the total number of people to … Continue reading 160,000 more student loan borrowers will get $7.7B in debt relief, thanks to President Biden
Category Archives: Student Loan
Loans 101: A Graduate’s Guide to Taking Out and Paying Off Loans
Loans 101: A Graduate’s Guide to Taking Out and Paying Off Loans Due / Aug 18, 2023 Most of us understand the basics of loans already. You need a certain amount of money, so someone lends it to you, and you eventually pay them back with interest attached. However, the process of taking out, … Continue reading Loans 101: A Graduate’s Guide to Taking Out and Paying Off Loans
What’s happening with student loan forgiveness? The latest on the Supreme Court showdown
By Cora Lewis—Associated Press February 28, 2023 The Supreme Court is meeting Tuesday to hear two cases challenging President Joe Biden’s student loan forgiveness plan. At stake: forgiveness of up to $20,000 in debt for more than 40 million Americans. Nearly half of those people could have their federal student debt wiped out entirely. Already, about … Continue reading What’s happening with student loan forgiveness? The latest on the Supreme Court showdown
Student loan debt hobbles small business owners too. Biden’s forgiveness plan might help
By Jude Cramer October 12, 2022 Student loan debt affects millions of Americans, and small business owners are no exception. Amid rising inflation and supply-chain issues driving up costs, entrepreneurs also facing student loan debt have found it difficult to grow over the past year. But President Biden’s plan for student loan forgiveness could … Continue reading Student loan debt hobbles small business owners too. Biden’s forgiveness plan might help
‘There is still work to be done’: 3 experts weigh in on Biden’s student loan forgiveness
August 26, 2022 By Terri Friedline, Dominique Baker, and John W. Diamond President Joe Biden announced a program to provide student debt relief to millions of borrowers of federal loans. The plan would offer up to $10,000 in forgiveness for people who earn less than $125,000 annually—$250,000 for couples—and up to $20,000 for Pell Grant … Continue reading ‘There is still work to be done’: 3 experts weigh in on Biden’s student loan forgiveness
Student loan forgiveness: Map reveals the states most interested student loan forgiveness
By Michael Grothaus July 07, 2022 Student loan debt in America stands at $1.7 trillion, reports CNBC. That’s more than the debt Americans have from credit cards and car loans. The massive amount of student loan debt is frequently cited as a reason young adults are putting off starting families and buying homes—they … Continue reading Student loan forgiveness: Map reveals the states most interested student loan forgiveness