A federal judge determines the president’s plan violates the Constitution’s separation of powers. President Biden’s administration was sued by two Americans, with the support of a small business…
Read MoreFederal Student Aid
Senator Introduces “Make the Universities Pay Act”
Proposes 50% of student loan defaults to fall on college. Senator Josh Hawley proposed new legislation on Wednesday called “Make the Universities Pay Act” that intends to hold…
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President Announces Major Student Loan Forgiveness
Benefits accrue to tens of millions of Americans. President Biden is taking action Wednesday to forgive $10,000 or more in federal student loan debt, a move that would…
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Education Secretary Cancels Federal Loans for ITT Tech
He states the defunct for-profit college misled students since 2005. The Education Department announced last week that all federal student loans used to attend ITT Technical Institute anytime…
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White House Seeks Ideas on Student Loan Relief
The pandemic payment and interest pause faces an August 31 deadline. The White House held a virtual meeting Thursday with student debt activists and advocacy groups, the latest…
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Education Department to Cancel All Corinthian Colleges Loans
Determines over a half million students preyed upon by Corinthians Colleges. On Wednesday, the Department of Education announced that they will fully cancel all remaining federal student loans…
Read MoreDepartment of Education Addresses Student Loans
Lists steps to correct student loans’ “longstanding failures.” The Department of Education recently released multiple action steps it will be taking to address the issue of America’s student…
Read MoreU.S. Forgives 40,000 Student Loans
Aid provided to 3.6 million more. The Department of Education has canceled student loan debt for 40,000 people. In addition, the department has offered credits to help another…
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President Extends Payment Pause on Student Debt
Resumption of payments moved from May 1 to August 31. President Joe Biden announced Wednesday the extension of the repayment freeze on federally held student loans through August…
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Student Loan Payment Freeze Could Be Extended Again
Education Department delays payment resumption announcements. The Department of Education has instructed student loan companies to delay sending notices about student loan payments resuming in May. The student…
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