News
Yahoo Finance Video Senators Urge Education Department to Fix Student Loan Forgiveness Programs | Yahoo Finance
Yahoo Finance’s Aarthi Swaminathan joins the Yahoo Finance Live panel top discuss Senators urging the Education Department to fix forgiveness programs as payment cliff nears.
Professor Who Backed Warren's Debt Cancellation Plan Appointed for Education Department Role | Yahoo
A Harvard law professor who said the education secretary has legal authority to forgive $50,000 in student debt per person as Sen. Elizabeth Warren proposed was appointed to serve in the Department of Education's legal division.
Biden's Education Dept. Just Hired Elizabeth Warren's Student-Loans Expert, Who Studied Predatory Lending at Harvard | Business Insider
A new hire at the Education Department is another in the growing number of experts who have fought alongside Massachusetts Sen. Elizabeth Warren to reform the student-loan debt system.
Did The Biden Administration Just Send A Big Signal On Student Loan Cancellation? | Forbes
The Biden administration may have just given proponents of broad student loan forgiveness a reason to hold out hope that the President will take action on student debt.
Debt Cancellation Backer at Harvard Named to Education Post | Bloomberg Law
A vocal proponent of canceling student loan debt is joining the Biden administration in a top role at the Education Department’s Office of the General Counsel.
Project on Predatory Student Lending Announces New Director, Eileen Connor | Press Release
The Project on Predatory Student Lending, the leading organization representing former students of predatory for-profit colleges, today announced that Eileen Connor will now lead the organization as the sole Director.
‘We’re Going to Lose a Generation of Student-Loan Borrowers’: Pressure Mounts to Extend Payment Pause | MarketWatch
When Catherine Bolton retired earlier this year, she entered her golden years with an obligation she’d hoped she would be done with by now: roughly $40,000 in student debt.
FAQ: What We Know About ED's Recent ITT Announcement
Recently, the Department of Education announced that it will approve a small portion of borrower defense applications for former ITT students, with 18,000 borrowers to receive a 100% discharge of their ITT debt. While this is great news for those select borrowers, there are still a lot of questions around what this means for the more than 700,000 former ITT students who were scammed by the school.
Statement on Education Department Approving ITT Borrower Defense Claims | Press Release
Today, the Department of Education announced that it will approve the borrower defense applications of a select 18,000 student borrowers who attended ITT Technical Institute (ITT). According to the Department, the borrowers will receive 100 percent loan discharges, resulting in approximately $500 million in relief.
Student Loan Truth: For-Profit Colleges Aren’t Just Out to Scam Students. They’re Scamming Their Parents, Too. | Blog
It’s no surprise that being ripped off by a for-profit college impacts more than just the student who attends. A student borrower’s unpayable debts affect their whole family. And there’s a way that parents can bear the debt burden personally: Parent PLUS loans.