Fixes to the federal student debt forgiveness programs mean 26,980 Michigan resident borrowers are qualified to get their debt erased. The new Student Debt Forgiveness Programs will make borrowers closer to debt forgiveness Last week, the Department of Education released state-by-state data on how many borrowers will qualify for Student Debt Forgiveness Programs or…
President Joe Biden expressed his concerns, stating, “These borrowers were lied to, ripped off, and saddled with mountains of debt.” The Biden admin announce that it will be canceling $130 million in federal debt for 7,400 students who attended CollegeAmerica in Colorado This move marks another instance of the Biden admin forgiving federal loans for…
The extended break was intended to provide some financial relief, but it appears that the burden of student loan borrowers continues to hamper their dreams of homeownership. In a recent study, it has been revealed that student loan borrowers, who enjoyed a substantial 3.5-year respite from payments, are encountering significant hurdles in their attempts to…
DENVER (KDVR) – Denver metro rents are rising month after month, but they remain lower than the same time last year. The Denver-Aurora-Lakewood metro area is one of the most costly rental markets in the United States. According to a June Realtor.com survey, the median rent for apartments, which include studios, one-bedrooms, and two-bedrooms, is…
In an effort to avoid harsh service cuts, the Milwaukee County Board of Supervisors overwhelmingly authorized a 0.4% sales tax increase and modifications to the county’s pension system on Thursday. In a full board meeting, the supervisors voted 15-3. It needed to be approved by two-thirds of the district supervisors, or 12 of the 18…
The move comes after investigations revealed that the college had misled students about potential salaries and job prospects. The U.S. Education Department has made a landmark decision to discharge $130 million in federal student loans for 7,400 borrowers who attended the now-defunct for-profit college, CollegeAmerica, in Colorado CollegeAmerica, which was part of the Center for…
Why do high rent prices continue in Bay Area despite efforts to cool off rental prices? High Rent Prices in Bay Area Continue to Contribute to Increasing Overall Inflation With the high rent prices in Bay Area, the increased rental prices reportedly contribute to increasing overall inflation across the country, wherein the inflation is reflected…
This comprehensive report encompasses state-chartered banks, lenders, and securities firms operating within Kentucky in 2022. The Kentucky Department of Financial Institutions has recently published its highly anticipated 2022 annual report, shedding light on the state’s financial industry’s status during the past year Furthermore, the report emphasizes the Kentucky Department of Financial Institutions‘ unwavering dedication to…
$130 million in student debt relief is expected to come this August for more than 7,000 eligible Colorado students struggling to pay their debts. Student Debt Relief Coming to More Than 7,000 CollegeAmerica Former Students Following False Program Advertisement Allegations $130 million in student debt relief is coming to more than 7,000 former students of…
Attorney General of Colorado Phil Weiser applauded the US Department of Education’s news today that 7,400 students, or defrauded borrowers, who attended CollegeAmerica sites in Colorado between January 1, 2006, and July 1, 2020, will receive $130 million in automatic loan forgiveness. There won’t be widespread student loan forgiveness, but a small number of individuals…