Educational News

Remarks by U.S. Secretary of Education Miguel Cardona on Nation’s Report Card

Good afternoon; and thank you. As your Secretary of Education, I want to be very clear: the results in today’s Nation’s Report Card are appalling and unacceptable—they are a reminder of the impact this pandemic had on our learners, and…

Government Awarding $1 Billion to Schools for Electric Buses

Nearly 400 school districts across the country are receiving grants totaling about $1 billion to purchase 2,500 “clean” school buses under a new federal program. By MATTHEW DALY Associated Press WASHINGTON (AP) — Nearly 400 school districts spanning all 50…

Student loan forgiveness: Here’s the estimated number of eligible borrowers by U.S. state

Ronda Lee, September 21, 2022 The federal government this week unveiled how many student loan borrowers in each state, Washington, D.C., and Puerto Rico are eligible for President Joe Biden’s debt forgiveness, while also reiterating how cancellation could help narrow…

58% Of Parents With College-Bound Children Have Changed Their Minds and Now Plan to Apply for Financial Student Aid

Sheetal Shah, September 22, 2022 RIVERWOODS, Ill.–(BUSINESS WIRE)–An annual survey from Discover® Student Loans revealed that 58% of parents with college-bound students didn’t plan on applying for federal aid, but now have changed their minds. According to the survey, 72% of…

New York officials: Be on the look out for student loan scams

NICK REISMAN, SEPTEMBER 16, 2022 Student borrowers in New York state should be mindful of potential debt relief scams as the federal government moves to provide up to $20,000 in debt forgiveness, Gov. Kathy Hochul on Friday said. “New Yorkers…

California Regulator Proposes Changes to Student Loan Servicing Laws

Pouneh Almasi, September 15, 2022 On August 30, the Commissioner of the California DFPI issued a notice of rulemaking proposing new regulations and amendments to current regulations implementing the state’s student loan servicing laws. The proposed regulations aim to implement the provisions…

University Credit Union and UC San Diego Announce Partnership In Support of California Higher Education

University Credit Union, September 08, 2022 LOS ANGELES, Sept. 8, 2022 /PRNewswire/ — University Credit Union (UCU) is excited to announce its newest partnership with UC San Diego. The partnership will seek further success within the California higher education sector…

Some Wisconsin borrowers will still need help despite student loan forgiveness

Mallory Cheng, September 9, 2022 The Biden Administration recently announced a plan to forgive student loan debt for millions of borrowers. Student debt in Wisconsin totals $24 billion, according to a 2017 report from the Consumer Financial Protection Bureau. This…

Student Loan Payments Will Resume in January, but You May Have a New Loan Servicer

Courtney Johnston, September 2, 2022 What’s happening If Navient was your federal loan servicer, your loans have been transferred to Aidvantage. Why it matters With the federal loan pause ending at the end of the year, you’ll want to know…

North Carolina says it will tax Biden’s student loan forgiveness, and 3 more states are likely to follow suit

Bevan Hurley, September 2, 2022  North Carolina residents will have to pay state taxes on the Biden administration’s student loan forgiveness, the state’s Department of Revenue says. The White House announced last week a plan to waive $10,000 in federal…