Educational News

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,…

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…

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…

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…

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…

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…

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…

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…

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, 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…