Educational News

Maryland’s Attorney General Seeks To Cancel Student Debt

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…

Fact Check: Is Congress Exempt From Paying Off Student Loans?

Source: site The Biden administration announced changes on April 19, 2022 that would result in immediate student debt relief to some 40,000 borrowers. The Public Service Forgiveness Program eliminates the debts of government and non-profit organizations’ workers, who have accrued at…

California Eyes $632 Million Plan to Help Students Attend State Colleges Debt Free

Source: site California is on track to remove any reason for its public university students to take out student loans. Known as Middle Class Scholarship 2.0, the “debt-free” program is slated to receive its first infusion of money this summer: a…

Democrats face pressure from left, center on student loans

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…

$1.7 billion in student debt canceled for 66,000 borrowers in Navient settlement

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…

Department Of Education Moves To Make Owners, Investors, And Controlling Parties Responsible For College And University Liabilities

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.…

How U.S. Got $1.6 Trillion in Student Loans Debt

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…

After Massive NYC Student Data Breach, Here Are Steps You Can Take To Protect Your Family

Source-site New York City officials recently acknowledged that the personal information of about 820,000 current and former students was compromised in a cybersecurity lapse. Find out what’s happening in New York Citywith free, real-time updates from Patch. If you’re a caregiver…

Biden faces rising pressure on student loans with deadline looming

Source-site President Biden is in a difficult position on student loans ahead of the midterms, as pressure builds from borrowers and Democrats for widespread cancellation. Adding to the pressure is a key deadline: On May 1, millions of borrowers will…

8 Million Borrowers At Risk If Student Loan Payment Pause Ends

Source-site A new report claims that 8 million student loan borrowers will be at risk if the student loan payment pause ends. Here’s what you need to know — and what it means for your student loans. Student Loans The California…