(Bloomberg) — The surprising resilience of the US economy would seem, on the face of it, to be good for corporations. But as the expansion plows ahead, pressures are forming beneath the surface to threaten some of the country’s riskiest companies. Most Read from Bloomberg Many heavily indebted corporate borrowers have been able to kick […]
President Biden announced Friday he would be canceling student debt of more than 277,000 borrowers. The administration is forgiving $7.4 billion for borrowers in more than 40 states in the latest debt relief program, bringing the total amount of student loan cancellation over Biden’s presidency to $153 billion. The latest loan forgiveness initiative is coming […]
President Biden announced on Friday he would be canceling debt for more than 277,000 borrowers. The administration is forgiving $7.4 billion for borrowers in more than 40 states in the latest debt relief program, bringing the total amount of student loan cancellation over Biden’s presidency to $153 billion. The latest loan forgiveness initiative is coming […]
President Joe Biden unveiled plans on Monday to provide student-debt relief to tens of millions of additional borrowers as young voters come into focus with the 2024 election season heating up. The White House estimates that the proposal would boost the number of borrowers getting relief to 30 million, which includes the 4 million who […]
WASHINGTON (AP) — President Joe Biden will announce his latest effort to broaden student loan relief next week for new categories of borrowers, according to three people familiar with the plans, nearly a year after the Supreme Court foiled his administration’s first attempt to cancel debt for millions who attended college. Biden will detail the […]
JOPLIN, Mo. — Scams targeting those who have student loans to repay are constantly being reported to Better Business Bureau officials. Last fall – student loan payments resumed for borrowers – following a pause due to the COVID pandemic. With the topic of student loan payments and potential forgiveness of loans being discussed – it’s […]
US President Joe Biden has announced he is cancelling federal student loans for nearly 153,000 borrowers. Mr Biden, who is in the midst of a three-day campaign swing through California, made the announcement as part of a new repayment plan that offers a faster path to forgiveness, putting the spotlight on his debt cancellation efforts […]
LOS ANGELES (AP) — President Joe Biden announced Wednesday that his administration was automatically canceling federal student loans for nearly 153,000 borrowers, putting the spotlight on his debt cancellation efforts as he ramps up his reelection campaign. Biden, who is in the midst of a three-day campaign swing through California, made the announcement as part […]
Feb. 4—Lenae Wilson read every word of her federal student loan contract. By the time she graduates from St. John’s College in 2025, Wilson said, she’ll have taken out between $20,000 and $25,000 in federal student loans, not including interest. Even for a Johnnie who already had an associate degree in business, Wilson said the […]
The Biden administration on Jan. 19 announced that nearly $5 billion in student loan debt would be wiped out for more than 70,000 borrowers, many of them teachers, social workers and others who qualify for income-driven repayment plans. But a day earlier, 67 organizations, including the NAACP, penned a letter to Education Secretary Miguel Cardona […]