On Friday, the Biden Administration announced that it plans to automatically forgive $39 billion in student debt for 804,000 borrowers.
In the wake of legal challenges to the plan for student loan debt forgiveness, the pandemic-era pause on payments is extended until June 30, 2023.
In a conservative victory, a Trump-appointed federal judge in Texas struck down Biden's $400 billion plan to relieve student loan debt.
ITT Technical Institute announced that it's closing all its facilities. This decision is a result of an Education Department ban of the school enrolling students who receive federal financial aid.
In what might be an extreme use of government resources, reports are coming forth that U.S. Marshals are serving warrants and arresting people for outstanding federal student loans. A Houston man says that seven armed marshals arrived on his doorstep for a $1500 loan he took out nearly 30 years ago, but there might be […]
