How the US Supreme Court may determine the future of student loan forgiveness
DIVERSE ISSUES IN HIGHER EDUCATION — Many experts believe that the Biden administration’s plan for student loan forgiveness, which offers $10,000 of debt relief to most borrowers and $20,000 to Pell Grant recipients, is dead in the water at the conservative-dominated Supreme Court. Diverse readers aren’t more optimistic, with nearly 2/3 predicting that the policy would be terminated in…
Read More about How the US Supreme Court may determine the future of student loan forgivenessA look at the overhaul of income-driven student loan repayment programs
INSIDE HIGHER ED — The Biden administration is moving forward on a sweeping plan to overhaul how student borrowers can repay their loans, though advocates want the Education Department to go further in its plan, while critics cite the price tag as an area of concern.
Read More about A look at the overhaul of income-driven student loan repayment programsFederal government walks back student loan relief approval letters for 9 million borrowers
NPR — Millions of student loan borrowers were left confused Tuesday morning after receiving an email reversing course on what they thought was an approval of their student debt relief applications. The email, from Federal Student Aid, referred to the one-time relief plan that theBiden administration rolled out in August and – in recent months – put on…
Read More about Federal government walks back student loan relief approval letters for 9 million borrowersA look at recent changes to income driven student loan repayment plans
INSIDE HIGHER ED — While President Biden’s one-time student loan forgiveness plan remains tied up in the U.S. Supreme Court, the Education Department is working on a more far-reaching and costly plan to overhaul how people pay back their loans.
Read More about A look at recent changes to income driven student loan repayment plansAccessLex launches student loan calculator for law students
CISION PR NEWSWIRE — For the past decade, the AccessLex Student Loan Calculator has been the leading resource for hundreds of thousands of aspiring, current, and recent law students seeking to calculate their potential student loan debt and plan for repayment. Free and easy-to-use with no login required, the Calculator now includes several new features that allow…
Read More about AccessLex launches student loan calculator for law studentsFederal government stops taking applications for student loan forgiveness after federal judge blocks action
CNBC — The Biden administration has stopped accepting applications for federal student loan forgiveness after a court struck down its plan on Thursday evening.
Read More about Federal government stops taking applications for student loan forgiveness after federal judge blocks actionMore than 26 million apply for federal student loan forgiveness program
INSIDE HIGHER ED — Nearly 26 million Americans have applied for relief under the Biden administration’s student loan forgiveness plan, the White House announced Thursday.
Read More about More than 26 million apply for federal student loan forgiveness programNew Public Service Loan Forgiveness waiver provides debt relief to more public servants
INSIDE HIGHER ED — A year after announcing a temporary overhaul of the Public Service Loan Forgiveness program, the Biden administration is ready to make several of those changes permanent in an attempt to fix what officials call “a broken system” that shortchanged the country’s public servants.
Read More about New Public Service Loan Forgiveness waiver provides debt relief to more public servantsWhite House announces public student loan forgiveness plans and ABA suggests 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 White House announces public student loan forgiveness plans and ABA suggests extension of student-loan payment pauseFederal student loan forgiveness survives court challenges for now
REUTERS — A federal judge on Thursday dismissed a Republican-led challenge to President Joe Biden’s plan to cancel billions of dollars in student debt, shortly after U.S. Supreme Court Justice Amy Coney Barrett rejected a request in another case to block it.
Read More about Federal student loan forgiveness survives court challenges for now