Educational News

Source: site Colleges in New York State are now barred from withholding transcripts as a means of collecting student debt. Democratic governor Kathy Hochul signed legislation Wednesday prohibiting the practice known as “transcript ransoming,” calling it in a statement “an unfair, predatory practice…

Source: site As President Joe Biden considers using executive action to cancel some federal student loan debt, the financial burden on today’s students continues to rise. According to the College Board, which tracks trends in college pricing and student aid, average tuition and fees for the…

Source: site A number of people in the so-called “boomer” generation have hit out at President Joe Biden‘s reported plans to forgive some student loan debt for millions of people. The suggestion that Biden may follow through with one of his 2020…

Source: site MARYLAND — Maryland Attorney General Brian E. Frosh has joined five other attorneys general to call on the U.S. Department of Education to cancel the federal student loan debt of thousands of students —including many in Maryland. Frosh said…

Source: site The question about what to do with an estimated $1.6 trillion in student loan debt is a growing headache for Democrats at a time when families are struggling with higher costs but centrist Democrats led by Sen. Joe Manchin…

Source-site In January, 39 state attorney general offices announced that one of the nation’s largest student loan servicers would resolve allegations of widespread unfair, deceptive and abusive practices. Lawsuits claimed that Navient improperly drove some federal student loan borrowers into forbearance instead of…

Source-site On March 23, 2022, the U.S. Department of Education (“Department”) announced a significant new policy that, in some cases, will require owners, investors, and controlling parties of private colleges and universities to guarantee the regulatory liabilities of the school.…

Source-site The student loan crisis is a hot topic of conversation in Washington because student debt is felt by a lot of us, 45 million of us to be exact, for a total debt of 1.6 trillion dollars. We often break…