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The Biden administration’s generous new student loan repayment plan, known as SAVE, is also currently frozen in court. As a result, about 8 million borrowers who had signed up for the program ...
However, as Adam S. Minsky of Forbes notes, when three other debt relief programs expire this year, student loan borrowers are going to have to look elsewhere for alternate targeted-repayment ...
The Department of Education announced on Aug. 14 that automatic discharges would begin for 804,000 borrowers who qualify for $39 billion in student loan relief due to fixes to income-driven ...
Kamala Harris discussing the Rent Relief Act. The Rent Relief Act was a U.S. federal bill proposed by Kamala Harris in 2018 that would offer tax credits to renters who earn less than $100,000 and spend over 30 percent of their income on rent and utilities. [1] Kamala Harris stated that the bill "[bolster] the economic security of working ...
President Obama's 2015 budget proposed substantial changes to the Pay as You Earn program. In addition to extending the program to all borrowers, regardless of when their first loans were disbursed, it proposed certain limits to PAYE that are designed to "protect against institutional practices that may further increase student indebtedness, while ensuring the program provides sufficient ...
On Nov. 10, the Biden administration's student loan forgiveness program was dealt a major blow as Texas federal court judge Mark Pittman blocked it from moving forward, declaring the initiative to...
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