The Education Dept. under the newBiden administrationhas approved the loan forgiveness requests of 18,000 students defrauded by the ITT Technical Institute. Through several decades, the for-profit institute founded in 1969 in Carmel, Indiana grew into a chain of colleges across the count...
The U.S. Department of Education on Friday launched a beta test of itsstudent debt relief application website. About 95% of Americans with student debt are expected to qualify for loan forgiveness under the Biden administration's plan. Thebeta sitewill be available "on and off" until t...
President-elect Donald Trump is proposing sweeping education changes like eliminating the Department of Education and cutting back loan forgiveness programs ahead of taking office in January. The Washington Post education writer Laura Meckler joins "The Daily Report" to discuss his plans and the likelih...
The Biden administration’s Saving on a Valuable Education Plan is an income-based student loan repayment plan that provides full loan forgiveness in certain cases. Read the full story Senate Bill Would Ban Student Loan Forgiveness for Protestors Convicted of a Crime May 9, 2024 The Center Squa...
During the beta test, borrowers will be able to submit an application for student loan forgiveness. Those will be processed once the site officially launches. A preview of the application earlier this week suggested a full rollout could come as soon as ...
In November, theWhite House announcedthat student loan payments would resume 60 days after a Supreme Court decision on President Joe Biden's student loan forgiveness plan or June 30, whichever comes first. But the Department of Education clarified that student loan payments would resume in October...
department’s work. Since Biden’s initial attempt to cancel student loans was overturned by the Supreme Court, the administration has forgiven over $175 billion for more than 4.8 million borrowers through a range of changes to programs it administers, such as Public Service...