Department of Education (DOE) to eliminate a provision that would lower interest payments on loans for economically-disadvantage college graduates. The option, known as a hardship provision, was discontinued after a budget estimate revealed that continuing the program would cost over a billion dollars...
The Biden administration’s federal student loan payment pause has been extended through June 30, 2023. Here’s what to do if you don’t qualify for relief. October 20, 2022 Biden's student loan handout survives legal challenge by Republican-led states U.S. District Judge Henry Autrey dismi...
Education Dept. May Have Overpaid Loan-Collection Agencies, Report SaysBy Allie Bidwell
Presents results of the investigation of the U.S. General Accounting Office on the loans that students have received from the U.S. Department of Education since 1965. Finding that loan defaulters received new loans with others obtaining loans that exceed the limits set by law; Possible ...
Education Dept. Readies Loan Bailout Terms Amid Hints That Sallie Mae Will Leave Federal ProgramBy Paul Basken
of Education v. Brown . In the Nebraska case, Justices Sotomayor, Kagan, and Brown Jackson said the states had no direct injury for standing so the Court should not have heard either case. The three dissenters also interpreted the HEROES Act to be a permissible delegation of authority for ...
Idaho student loan agency is forced to default by U.S. (Student Loan Fund of Idaho Marketing Association; Dept. of Education)Pryde, Joan
Education Dept. Plans to Exempt Small Banks from Student Loan AuditThe Department of Education is planning to exempt banks and other financial institutions holding...de Senerpont Domis, Olaf
Student Loan Loophole Cost Millions; IG Urges Education Dept. to Recoup Sums From LenderBrian Faler
Pa. Joins Other States in Lawsuit against Devos U.S. Education Dept. Delays Enhancements in Student Loan ProtectionsAttorneys general from Pennsylvania, 17 other states and the District of Columbia are suing U.S...Schackner, Bill