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A Democratic lawmaker with over $200,000 in student debt says millions of borrowers will soon have to 'postpone their lives' with payments about to resume

Sat, 08/12/2023 - 06:15

Tech Insider : Economy, Politics

rep summer lee — Rep. Summer Lee, D-Pa., attends the House Oversight and Accountability Committee hearing titled "Overdue Oversight of the Capital City: Part II," in Rayburn Building on Tuesday, May 16, 2023.
Tom Williams/CQ-Roll Call, Inc via Getty Images

economy, politics, Policy, Student Debt, Student Loans, student loan forgiveness, Summer Lee

Only a couple dozen student-loan borrowers have gotten their debt wiped out in court since Biden announced changes nearly a year ago to make the process easier

Fri, 08/11/2023 - 09:29

Tech Insider : Economy, Politics

President Joe Biden — US President Joe Biden.
BRENDAN SMIALOWSKI/AFP via Getty Images

economy, politics, Policy, Student Debt, Student Loans, student loan forgiveness, Bankruptcy

Conservative Justice Clarence Thomas took lavish vacations with a billionaire who criticized student-loan forgiveness months before the Supreme Court struck it down, new report says

Thu, 08/10/2023 - 12:15

Tech Insider : Economy, Politics

Clarence Thomas — Supreme Court Justice Clarence Thomas.
AP Photo/Patrick Semansky

economy, politics, Policy, Student Debt, Student Loans, student loan forgiveness, Clarence Thomas

Elizabeth Warren and Ron DeSantis agree on one way student-loan borrowers should get a path to relief: getting rid of debt in bankruptcy court

Tue, 08/08/2023 - 13:36

Tech Insider : Economy, Politics

Sen. Elizabeth Warren, Gov. Ron DeSantis — Sen. Elizabeth Warren, Gov. Ron DeSantis.
Michael A. McCoy/Getty Images, SERGIO FLORES/AFP via Getty Images

economy, politics, Policy, Student Debt, Student Loans, student loan forgiveness, Elizabeth Warren

Biden's efforts to make it easier for defrauded student-loan borrowers to get debt relief were blocked by a conservative court

Mon, 08/07/2023 - 14:08

Tech Insider : Economy, Politics

President Joe Biden — U.S. President Joe Biden.
Anna Moneymaker/Getty Images

economy, politics, Policy, Student Debt, Student Loans, student loan forgiveness, Biden

The lawsuits to block student-loan forgiveness keep coming — and the latest would keep borrowers who 'have earned the forgiveness' in debt, Biden's Education Department says

Mon, 08/07/2023 - 12:57

Tech Insider : Economy, Politics

President Joe Biden — U.S. President Joe Biden.
Anna Moneymaker/Getty Images

economy, politics, Policy, Student Debt, Student Loans, student loan forgiveness, Supreme Court

Ex-Treasury chief Larry Summers says it's still too early to declare victory on inflation

Sat, 08/05/2023 - 08:15

Tech Insider : Economy

Larry Summers — Former Treasury Secretary Larry Summers speaks at the Spring Meetings of the International Monetary Fund and the World Bank in Washington, DC, on April 16, 2015.
NICHOLAS KAMM/AFP via Getty Images

economy, Markets, Larry Summers, Federal Reserve, Investors, Treasury, Inflation

Some student-loan companies are offering borrowers cheaper payments before the October restart. Making the switch could strip away a range of debt relief programs.

Sat, 08/05/2023 - 06:15

Tech Insider : Economy, Politics

Shadows of college graduates — Getty Images

economy, politics, Policy, Student Debt, Student Loans, student loan forgiveness, refinancing

A conservative group filed a lawsuit to block $39 billion in debt relief for 800,000 borrowers on income-driven repayment plans

Fri, 08/04/2023 - 17:27

Tech Insider : Economy, Politics

President Joe Biden standing at a podium and speaking into two microphones while wearing a suit and tie. — President Joe Biden.
Chip Somodevilla/Getty Images

economy, politics, Policy, Student Debt, Student Loans, student loan forgiveness, Biden

A student-loan company's call center briefly shut down due to 'technical issues' after it started notifying borrowers of their monthly payment amount in October

Thu, 08/03/2023 - 16:04

Tech Insider : Economy, Politics

College graduation — College graduation
Getty Images

economy, politics, Policy, Student Debt, Student Loans, student loan forgiveness, nelnet

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