Latest in Finance and Education
President Biden Announces New Plans for Student Loan Forgiveness
In a bold step aimed at reshaping the economic futures of millions, President Biden is scaling up the fight against the rising tide of student loan debt. He made a campaign promise, and his intention is to keep it. However, he is now working through the process called negotiated rulemaking to get there.
There are several measures the Biden administration is trying to implement quickly. Time is not on the current administration’s side, as we are in an election year. If approved, the relief plans would bring the total number of borrowers eligible for student loan debt relief up to 30 million, which includes 4 million borrowers already approved for forgiveness.
The Perfect Storm - The Year of College Admissions Unrest
This academic year has been one tough pill to swallow for high school seniors. As if mentally preparing for the competitive college application season wasn’t hard enough.
These No-Loan Schools Keep College Debt Out of the Equation
It’s no secret the cost of higher education can be staggering. Many college students cannot even consider going to college without expecting to borrow money to cover college costs.
What's Going on with Student Loan Servicing
Federal student loan servicing poses a significant challenge for the U.S. Department of Education. With various upcoming changes for borrowers, how can the U.S. Department of Education guarantee borrower satisfaction?
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