Student loan servicer pauses payment tracking
Students logging into their student loan servicer accounts may not be able to view the progress of their loan forgiveness payments.
Students logging into their student loan servicer accounts may not be able to view the progress of their loan forgiveness payments.
The Department of Education is threatening to withhold federal aid to colleges and universities that have high levels of students in default on their student loans.
President Joe Biden’s latest plan for student loan cancellation is moving forward as a proposed regulation, offering him a fresh chance to deliver on a campaign promise and energize young voters ahead of the November election.
President Joe Biden said Wednesday that while a college degree was still a ticket to a better life, that ticket is often too expensive, as he announced he was canceling federal student loans for nearly 153,000 borrowers.
Millions of Americans will be watching the supreme court this week as they hear oral arguments over president Biden’s plan to cancel student loan debt for more than 40 million eligible Americans.