How recent college graduates can manage their student loan debt
THE WALL STREET JOURNAL — Many new graduates are holding out hope they might not have to repay all of their student loans. But graduating without a plan to tackle your college debt can cause problems down the road.
Read More about How recent college graduates can manage their student loan debtColleges struggle to explain federal student debt cancellation plans with no clear policy in place
THE CHRONICLE OF HIGHER EDUCATION — After years stuck in limbo, the idea of widespread federal-student-loan cancellation has suddenly picked up momentum over the past week. But with the details yet to be determined, colleges are struggling to explain to current students what debt forgiveness could mean.
Read More about Colleges struggle to explain federal student debt cancellation plans with no clear policy in placeUCLA Law aims to reduce student debt by supporting students with career ambitions in public interest
UCLA LAW — “When you have a lot of student loans, it can be daunting to take on a public interest job after graduation. Many of our public interest students make a fourth or less of what they might make at a large law firm,” says Brad Sears, UCLA Law’s Associate Dean for Public Interest…
Read More about UCLA Law aims to reduce student debt by supporting students with career ambitions in public interestDuke Law enhances student loan repayment assistance for graduates in public interest jobs
DUKE LAW NEWS — Duke Law School is enhancing the benefits available through its Loan Repayment Assistance Program (LRAP), which reduces the cost of legal education for graduates who commit to careers in public service.
Read More about Duke Law enhances student loan repayment assistance for graduates in public interest jobsNew White House plan will forgive loans for 40,000 borrowers
NEWSWEEK — The Biden administration on Tuesday announced a new plan to address “long-standing failures” within federal student loan programs, and the changes are set to result in immediate debt forgiveness for some 40,000 borrowers.
Read More about New White House plan will forgive loans for 40,000 borrowersSchooling Colleges on Student Loan Repayment
INSIDE HIGHER ED — When President Biden extended the pause on student loan repayment again last week, it renewed the debate about the federal Public Service Loan Forgiveness program, in addition to complaints about inefficiencies in how PSLF is administered and inadequate efforts to inform those eligible for it.
Read More about Schooling Colleges on Student Loan RepaymentCollege trains faculty and staff on information about loan forgiveness
INSIDE HIGHER ED — The Wisconsin Department of Financial Institutions has been working since last August to make sure eligible state residents and employees know how to get their student loans forgiven. State officials estimate that between 750,000 and 800,000 Wisconsin residents have student loan debt, which collectively totals $24.2 billion.
Read More about College trains faculty and staff on information about loan forgivenessWhite House to extend federal student loan payment pause to the end of August
ABC NEWS –President Joe Biden on Wednesday announced an extension of the payment pause on federal student loans through Aug. 31. The moratorium on student loan payments was previously set to expire on May 1. “I know folks were hit hard by this pandemic. And we’ve come a long way in the last year. We’re still recovering…
Read More about White House to extend federal student loan payment pause to the end of AugustWhite House to remove defaults for federal student loan borrowers
POLITICO — The Biden administration on Wednesday moved to expunge the defaults of millions of federal student loan borrowers who fell behind on payments before the pandemic, as the White House formally unveiled a four-month extension of the pause on monthly loan payments and interest.
Read More about White House to remove defaults for federal student loan borrowersHow the federal student loan payment pause has helped Black women
THE PHILADELPHIA TRIBUNE — For millions of Americans who took out loans to pay for college, the past two years have offered a chance to live without the burden of their education debt. The pause on federal student loan payments introduced and extended during the pandemic meant borrowers could redirect money – potentially hundreds of…
Read More about How the federal student loan payment pause has helped Black women