The Education Department targets “deceptive” loans from Ashford University President Biden’s administration canceled the student loan debt of 261,000 borrowers who attended Ashford University, a majority online school…
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Supreme Court to Review Biden’s Student Loan Fraud Forgiveness
Texas organization argues that the administration’s rule change makes it too easy for students to file a borrower defense claim. The Supreme Court agreed to review the Fifth…
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SCOTUS Denies Administration Request to Reinstate SAVE Plan
The justices uphold the 8th Circuit’s injunction against the federal student loan forgiveness plan. The Supreme Court declined the request from President Biden’s Administration to reinstate the Saving…
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Richard Cordray, Chief Operating Officer of Federal Student Aid
Richard Cordray, Chief Operating Officer of Federal Student Aid
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House Committee Proposal Includes Automatic Draft Registration
The plan would use federal records to help address the drop in registrants in the past two years. The House Armed Services Committee has included a proposal in…
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Education Secretary Outlines Modernization Steps for FSA
A full-scale review of workflow and leadership structure will be conducted. Secretary of Education Miguel Cardona outlined a number of steps being taken to improve the Federal Student…
Read MoreStudent Loan Forgiveness Announced for Art Institute Enrollees
The college closed down after paying a settlement to the Justice Department. The Department of Education announced another round of student loan forgiveness, canceling the debts of students…
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FTC Reaches Final Settlement in Student Loan Debt Relief Scam
The scheme made fraudulent promises of loan forgiveness, for which the agency imposed an industry ban and asset forfeiture. The Federal Trade Commission (FTC) has reached a settlement…
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Education Department Drafts Next Wave of Student Debt Relief
The agency proposes canceling debt accrued by high interest rates and long payment plans. The Department of Education released a draft this week of the next wave of…
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President Announces $7.4 Billion in Student Debt Cancellation
The student loan forgiveness applies to those enrolled in SAVE and other Income-Driven Repayment plans, and Public Service Loan Forgiveness. President Joe Biden’s administration announced another wave of…
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