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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

Student-loan borrowers' interest rates would be 'immediately eliminated' if Democratic lawmakers' new bill is passed

Wed, 08/02/2023 - 16:08

Tech Insider : Economy, Politics

Rep. Joe Courtney — Rep. Joe Courtney, D-Conn.
Bill Clark/CQ Roll Call

economy, politics, Policy, Student Debt, Student Loans, student loan forgiveness, Interest Rates

China has to stabilize its housing market and address risks to its economy if it wants to avoid 'Japanification', JPMorgan says

Wed, 08/02/2023 - 13:29

Tech Insider : Economy

Elderly Chinese people sitting at dining tables and eating plates of food. — Falling birth rates saw China's population drop by 850,000 people last year, according to official figures.
Zhu Xudong/Xinhua via Getty Images

economy, Markets, MI Exclusive, Housing Market, China, Japan, JPMorgan

Wall Street reversal: More and more economists are changing their minds and declaring US recession fears dead

Wed, 08/02/2023 - 11:40

Tech Insider : Economy, Politics

Customers use an ATM at a Bank of America — Photo by Justin Sullivan/Getty Images)

economy, politics, Policy, Recession, recession 2023, Bank of America, Goldman Sachs

Ron DeSantis says he has 'sympathy' for some student-loan borrowers — and wants to make it easier for them to get rid of their debt in court

Wed, 08/02/2023 - 10:46

Tech Insider : Economy, Politics

Ron DeSantis — Florida Gov. Ron DeSantis speaks to Iowa voters on March 10, 2023.
Scott Olson/Getty Images

economy, politics, Policy, Student Debt, Student Loans, student loan forgiveness, Ron DeSantis

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