President Joe Biden (Photo by Kevin Dietsch/Getty Images) Getty Images Here’s why student loan forgiveness has been delayed. Here’s what it’s good to know — and what it means on your student loans. Student Loans If your student loans haven’t been canceled, you’re not alone. President Joe Biden hasn’t enacted any wide-scale student loan cancellation…
Tag: student loan debt
Republicans Slam Biden On Student Loan Forgiveness
President Joe Biden (Photo by Anna Moneymaker/Getty Images) Getty Images Republicans slam President Joe Biden on student loan forgiveness. Here’s what it is advisable know — and what it means on your student loans. Student Loans Republicans aren’t too proud of Biden’s newest actions to cancel student loans. For instance: Multiple Republicans have criticized Biden’s…
Employers ask IRS to broaden 401k student loan ruling
An employer group is urging the IRS to broaden to all certified plans a current personal letter ruling that appeared to clear the way in which for student loan advantages tied to a 401(okay). The ERISA Industry Committee — which lobbies on behalf of huge employers on public coverage round well being, retirement and compensation…
Higher Student Loan Rates Coming For Borrowers This Fall
As if we did not have sufficient issues with student debt already, it is protected to say the state of affairs might turn out to be worse for debtors who take out student loans for the 2022-23 fall semester and past. This is because of rate of interest will increase introduced for federal student loans,…
Student Loan Forgiveness Is Completely Unfair To These People
President Joe Biden(Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP through Getty Images) AFP through Getty Images Student loan forgiveness is totally unfair to those student loan debtors. Here’s what you should know — and what it means on your student loans. Student Loans Student loan forgiveness can have clear winners and losers….
‘No Decisions Have Been Made Yet’
President Joe Biden (Photo by Anna Moneymaker/Getty Images) Getty Images The White House has denied a report that President Joe Biden will enact $10,000 of student loan forgiveness, citing {that a} resolution hasn’t been made. Here’s what it’s essential know — and what it means to your student loans. Student Loans Will your student loans…
Student loan forgiveness 2022: 100K debtors eligible thus far beneath new public service guidelines
WASHINGTON — The Department of Education stated Wednesday that it has thus far recognized 100,000 debtors who’re eligible for student debt cancellation because of the modifications the company made to the Public Service Loan Forgiveness program in October. The cancellations for these individuals are anticipated to whole about $6.2 billion in federal student debt aid….
Education Department Announces Major Overhaul Of Student Loan Servicing
U.S. Secretary of Education Miguel Cardona (AP Photo/Seth Wenig, File) ASSOCIATED PRESS The U.S. Department of Education introduced a serious overhaul of student loan servicing. Here’s what you should know — and what it means to your student loans. Student Loans The Education Department mentioned Thursday that greater than 35 million student loan debtors can…
Student Loans Haven’t Been Canceled After 6 Years
U.S. Education Secretary Miguel Cardona (Photo by Chip Somodevilla/Getty Images) Getty Images They’ve been ready for student loan forgiveness, regardless that they certified 6 years in the past. Here’s what you might want to know — and what it means on your student loans. Student Loans A bunch of student loan debtors filed a brand…
Education Secretary Suggests Student Loan Payments Will Restart
U.S. Secretary of Education Miguel Cardona (Photo by STEFANI REYNOLDS/AFP through Getty Images) AFP through Getty Images U.S. Secretary of Education Miguel Cardona hinted that student loan reduction could also be ending — and student loan funds will restart. Here’s what you should know — and what it means to your student loans. Student Loans…