How Biden Wants to Trim a Mountain of Student Debt

How Biden Wants to Trim a Mountain of Student Debt

This post was originally published on this sitePresident Joe Biden has been considering forgiving some government student loan debt. Such a move that could help alleviate the weight on borrowers of $1.6 trillion in federal education debt, a figure that has more than tripled in the last 15 years. As...

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Biden faces pressure to help Black borrowers with heavy student debt

Biden faces pressure to help Black borrowers with heavy student debt

This post was originally published on this sitePresident Biden is reported to be closing in on a plan to cancel $10,000 in federal student debt per borrower, but some advocates are concerned about the impact it will have on Black borrowers, who data shows are likely to owe more to...

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As Biden Zeroes In on Student-Loan Forgiveness Decision, Voter Anxiety Grows

As Biden Zeroes In on Student-Loan Forgiveness Decision, Voter Anxiety Grows

This post was originally published on this siteIn North Carolina, a debt-heavy swing state, some voters are signaling dissatisfaction with any outcome.

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The student loan pause won’t last forever. Get ready for repayment.

The student loan pause won’t last forever. Get ready for repayment.

This post was originally published on this siteThe Biden administration is extending the pause on eligible federal loans again. The announcement includes new relief for borrowers who were in default. When the pause ends they won’t go back into collections.

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Democrats press Biden to extend freeze on student loan payments

Democrats press Biden to extend freeze on student loan payments

This post was originally published on this siteDemocrats in Congress are pressing the Biden administration to extend the suspension of student loan payments before it’s set to expire May 1 as they seek to avoid cutting off a pandemic-induced benefit in the middle of an election year.The federal…

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Why U.S. Colleges Are Rethinking Standardized Tests

Why U.S. Colleges Are Rethinking Standardized Tests

This post was originally published on this siteThe pandemic forced a pause on colleges requiring standardized testing, long the gold standard for admissions in the U.S. As Covid-19 restrictions ease, widespread mandatory reliance on the ACT and SAT entrance exams isn’t springing back as quickly. One reason is that schools...

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White House confronts political pressure to extend pause in student loan payments ahead of midterms

White House confronts political pressure to extend pause in student loan payments ahead of midterms

This post was originally published on this siteAs the May 1 deadline to resume federal student loan payments approaches, President Joe Biden faces pressure from some Democrats and debt relief advocates to

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Navient to cancel 70K student loans, pay $1.85 billion in settlement

Navient to cancel 70K student loans, pay $1.85 billion in settlement

This post was originally published on this siteAn agreement between a coalition of state attorney generals and Navient, one of the largest student loan companies in the U.S., resulted in a settlement that will forgive loans for 66,000 borrowers. The agreement announced on Thursday concludes…

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College Enrollment Dropped Again in Fall 2021, Despite Vaccines

College Enrollment Dropped Again in Fall 2021, Despite Vaccines

This post was originally published on this siteTotal undergraduate enrollment has dropped by about 1.2 million students since the fall of 2019, researchers say.

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