Notre Dame Law Loan Repayment Assistance Program assists students pursuing careers in public service
NOTRE DAME LAW — Emma Hildebrand J.D. said ND Law’s Loan Repayment Assistance Program (LRAP) enabled her to pursue a career in public service without having to worry about the burden of student loan debt. Her and students like her, now have the opportunity to seek public interest careers with the support of the LRAP…
Read More about Notre Dame Law Loan Repayment Assistance Program assists students pursuing careers in public serviceHow funding issues for the US Department of Education could affect student loan repayments
THE WASHINGTON POST — After Congress refused to give more money to the federal student aid office last year, higher education experts warned of potential disruption to efforts by the Biden administration and lawmakers aiming to help student loan borrowers and others paying for college. Now experts say those worries are coming to pass.
Read More about How funding issues for the US Department of Education could affect student loan repaymentsHow higher interest rates for federal loans could affect students
USA TODAY — College students who plan to take out federal loans to cover their 2023-24 academic year will see those rates edge higher on July 1. The Federal Reserve boosted short-term interest rates on May 3, the 10th time since the Fed began fighting inflation with rate hikes back in March 2022.
Read More about How higher interest rates for federal loans could affect studentsVideo: Bill proposed in Maine would offer student loan relief for law graduates taking on indigent legal cases
NEWS CENTER MAINE — Sen. Matt Pouliot, R-Kennebec, is proposing a student loan forgiveness bill to get more students taking indigent legal cases.
Read More about Video: Bill proposed in Maine would offer student loan relief for law graduates taking on indigent legal casesTwo thirds of student loan debt is owed by women
USA TODAY — Americans now hold $1.7 trillion in student loan debt. Nearly two-thirds of that money – at least $929 billion – is owed by women. As borrowers await the Supreme Court’s decision on a plan to provide mass student debt forgiveness, USA TODAY examined what’s behind the gender imbalances in the amount that borrowers take out and in their ability…
Read More about Two thirds of student loan debt is owed by womenVideo: New York credit counselors offer advice on student debt repayment
SPECTRUM NEWS — As the Biden administration’s student loan forgiveness program remains in limbo, debt counselors are offering advice for managing debt. Noelle Carter, president and CEO of Parachute Credit Counseling (formerly Consumer Credit Counseling), said for as long as loan payments remain in forbearance, wait it out. Pay down other debts in the meantime. “I think…
Read More about Video: New York credit counselors offer advice on student debt repaymentNew guidelines could make it easier to discharge student loans in bankruptcy
YAHOO!LIFE — While certain student loan borrowers can use the bankruptcy process to have their loans discharged, the process has been very cumbersome — but this might change thanks to new guidelines.
Read More about New guidelines could make it easier to discharge student loans in bankruptcyUS Supreme Court to hear case on proposed federal student loan forgiveness
USA TODAY — President Joe Biden said Wednesday that he’s “not confident” how the Supreme Court will rule on his plan to wipe away $400 billion in student loan debt. “I’m confident we’re on the right side of the law,” he told reporters as he was leaving the White House. “But I’m not confident about the outcome…
Read More about US Supreme Court to hear case on proposed federal student loan forgivenessABA praises federal public service loan forgiveness plans and urges extension of student loan payment pause
ABA JOURNAL — Credit for the Public Service Loan Forgiveness program will be extended to all with qualifying jobs and government school loans, regardless of whether they made late payments, paid in installments or in lump sums, the U.S. Department of Education announced Tuesday.
Read More about ABA praises federal public service loan forgiveness plans and urges extension of student loan payment pauseUS Supreme Court case challenging federal student loan relief may be determined on standing
INSIDE HIGHER ED — If the parties challenging the plan can’t clear the standing threshold, then the Supreme Court justices shouldn’t consider the other arguments that the debt-relief plan is illegal. But that might not stop the conservative justices from striking down loan forgiveness.
Read More about US Supreme Court case challenging federal student loan relief may be determined on standing