If Biden Doesn’t Enact Student Loan Cancellation, Here Are 5 Reasons Why

President Joe Biden (Photo by Scott Olson / Getty Images) Getty Images If President Joe Biden does not enact wide-scale student loan cancellation, here are 5 reasons why. Here’s what you need to know – and what it means for your student loans. Student Loans Biden is actively considering whether to cancel student loans for … Read more

Test Your Knowledge Of Student Loans

Student loans are available only to people 30 and under. N “,” explanation “:” There u2019s no age limit. In fact, people over 50 account for about 20 percent of all student loans. “,” Hint “:” “,” answers “: {” answer0 “: {” isRight “:” wrong “,” answerText “:” Yes “},” answer1 “: {” isRight … Read more

Biden’s student-loan relief is un-‘forgive’-able

Rumblings that the Biden administration plans to “forgive” some student-loan debt for potentially millions of upper-class people earning up to $ 125,000 a year does not sit well with many Americans. It will drive up inflation and create an unfair subsidy from the working class to the most educated people, many on track to earn … Read more

This is how student loan debt became a $ 1.7 trillion crisis

For decades now, the country’s outstanding student loan debt balance has only trended in one direction: Up. Today, around 44 million Americans owe a combined $ 1.7 trillion for their education. But it did not have to be this way. Legislation like the GI Bill, the National Defense Education Act, and the Higher Education Act … Read more

40,000 Student Loan Borrowers Will Get ‘Immediate Debt Cancellation’ Automatically – But Questions Remain

WASHINGTON, DC May 4, 2022: US President Joe Biden delivers remarks in the Roosevelt Room on … [+] Wednesday May 4, 2022. (Photo by Demetrius Freeman / The Washington Post via Getty Images) The Washington Post via Getty Images The US Department of Education has indicated that tens of thousands of borrowers will be eligible … Read more

Closer to student loan forgiveness? Major changes announced

What physicians with student loans need to know about these changes. With all the recent changes in the student loan space, we have seen many borrowers ignore the latest updates as they have already concluded that it does not likely apply to them. On the other hand, we have seen other folks sitting patiently, awaiting … Read more

3 Ways Biden Could Cancel Student Loans

President Joe Biden (Photo by SAUL LOEB / AFP via Getty Images) AFP via Getty Images When it comes to wide-scale student loan cancellation, there are 3 ways that President Joe Biden could cancel student loans. Here’s what you need to know – and what it means for your student loans. Student Loans Biden is … Read more

Biden Has Power To Cancel Student Loans For Every Federal Borrower, Attorneys General Say

President Joe Biden (Photo by Anna Moneymaker / Getty Images) Getty Images President Joe Biden has the legal authority to cancel student loans for every federal student loan borroweraccording to these attorneys general. Here’s what you need to know – and what it means for your student loans. Student Loans Eight attorneys general – from … Read more

Education Department Launches Appeal Process For Public Service Borrowers

US Secretary of Education Miguel Cardona arrives for the White House Correspondents Association gala … [+] at the Washington Hilton Hotel in Washington, DC, on April 30, 2022. (Photo by Stefani Reynolds / AFP) (Photo by STEFANI REYNOLDS / AFP via Getty Images) AFP via Getty Images The Biden administration has finally launched a formal … Read more

Should Biden Cancel Your Student Loans If You Already Paid Them?

President Joe Biden (Photo by Drew Angerer / Getty Images) Getty Images Should President Joe Biden cancel your student loans if you already paid them? Here’s what you need to know. Student Loans As Biden considers whether to enact wide-scale student loan cancellation, he could cancel $ 10,000 or more for student loan borrowers. This … Read more