Tag: Student Loan
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How Student Loan Payment Resumption Affects Millions Of Loan Borrowers Amidst Lack Of Debt Relief
How does the student loan payment resumption affect millions of loan borrowers amidst the lack of debt relief? Student Loan Payment Resumption Affects Millions of Loan Borrowers Following Lack of Debt Relief Provided After three years of pause due to the pandemic, the student loan payment resumption reportedly affected millions of loan borrowers as the…
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University of South Carolina students disagree over Biden’s student loan giveaway, calling it “giving government money away”
Students at the University of South Carolina are split on whether or not to support Biden’s most recent attempt to cancel student debt.
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Biden’s New Student Loan Forgiveness Will Reduce Loan Debt Of 6,940 Arkansas Borrowers
Biden’s New Student Loan Forgiveness would reduce student debt and could lead almost 7,000 Arkansans to see a reduction in their student loans. Biden’s New Student Loan Forgiveness for Arkansas The Department of Education released data on numbers for student loan debtors affected by the rejection of the student loan forgiveness plan. But Biden’s…
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Student Loan Forgiveness Debt Relief: Biden Administration Creates Alternative Way
Last Tuesday, the Biden administration took alternative steps toward Student Loan Forgiveness Debt Relief that will cancel tens of billions of dollars in student loan debt. Biden Administration begins new alternative to push the Student Loan Forgiveness Debt Relief The Department of Education held a public hearing about the Student Loan Forgiveness Debt Relief…
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Borrowers Brace for Student Loan Payments Resuming in October, Urged to Prepare for Potential Challenges
Since the start of the COVID-19 pandemic, the Trump administration implemented a pause on student loan payments, providing relief to borrowers. Student loan borrowers are being advised to prepare for the resumption of payments in October, which could be a challenging experience for millions of people However, this pause will end soon, and borrowers need…
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Debt Relief Company Scam: Federal Trade Commission Will Send Checks To 37,800 Student Loan Borrowers Scammed By Arete Financial Group
The government will send checks to 37,800 student loan borrowers who were sent money to Arete Financial Group, a debt relief company, and were scammed. FTC said the debt relief company promised debt relief but instead pocketed money from clients The debt relief company promised student borrowers that they reduce or eliminate consumers’ student…
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Lawmakers Reintroduce A Senate Bill In Congress To Make Public Colleges And Universities Tuition-Free
House Representative Pramila Jayapal teamed up with Senator Bernie Sanders to reintroduce a senate bill in Congress that would make students not pay tuition in public colleges and universities. Senate Bill: Bicameral College for All Act The College for All Act senate bill would remove tuition for most qualified families and make community college…
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Refinancing Loans And Joining The Gig Economy Can Help Reduce Student Debt
Some people’s student loan payments are simply out of this world. Acquiring A Second Job Can Help Keep Up With Student Loan Payments According to Motley Fool data, the average monthly student loan payment is $337. However, not everyone pays in that range. More than 20% of borrowers pay between $100 and $199 each month…
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President Biden Vetoes Bill Targeting $400 Billion Student Loan Forgiveness Plan
In a video posted on Twitter, Biden criticized Republican efforts in Congress to block his administration’s proposal, which included providing up to $10,000 in student debt relief and up to $20,000 for borrowers who received a Pell Grant. President Biden has vetoed a bill that aimed to eliminate his $400 billion student loan forgiveness plan,…
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Borrowers Must Make Student Loan Payments After Moratorium Ends
Under both the Trump and Biden administrations, the student loan moratorium was renewed several times. Borrowers haven’t had to make a student loan payment since March 2020. The payment holiday, though, is expected to end this summer. If you’ve never made a student loan payment or aren’t sure what to anticipate after the moratorium ends,…