Educational News

Big questions on student loan forgiveness loom in 2023

Student loan borrowers are starting 2023 with a lot of uncertainty. The fate of President Joe Biden’s major student loan forgiveness program lies with the US Supreme Court, and it could be as late as summer before the justices rule on…

Supreme Court takes second case challenging Biden student loan relief

The Supreme Court on Monday agreed to hear arguments in a second case challenging the legality of the Biden administration’s ambitious student loan relief program. The case, originally filed in Texas, will be argued in February before the Supreme Court along with the first case the…

US Supreme Court to review President Biden’s student debt plan

The US Supreme Court has agreed to review the legality of President Joe Biden’s plan to cancel student loan debt for millions of borrowers. The programme will remain on hold until the case is heard, the court has announced. In…

‘Young adults are particularly vulnerable to delinquencies’ — 1 in 5 have debt in collections, new report finds

Americans across the board are struggling with credit card debt. Those just starting out are particularly vulnerable. With limited financial resources, lower wages and shorter credit histories, young adults are struggling to manage high-interest debt more than other age group,…

US creditors can now DM debtors on social media

Debt collectors are now allowed to contact Americans on social media and by text message, according to new rules enacted by a US agency this week. The rule from the Consumer Financial Protection Bureau (CFPB) opens the door for creditors…

Federal judge declares Biden’s student debt relief plan unlawful

A federal judge in Texas on Thursday ruled that President Joe Biden’s plan to cancel hundreds of billions of dollars in student loan debt was unlawful and must be vacated, delivering a victory to conservative opponents of the program. U.S. District Judge…

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…