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Results found for "federal loan"


President Joe Biden vetoed a measure that would overturn his plan to cancel large amounts of federal student loan debt that could affect tens of millions of borrowers.
Published: Sunday, June 25th, 2023 @ 7:26 pm By: Daily Wire
President Joe Biden vetoed a measure that would overturn his plan to cancel large amounts of federal student loan debt that could affect tens of millions of borrowers.
 
The Biden administration is proposing a plan that would lower federal student loan payments for millions of Americans, including a pause on student loan payments for those making under $30,600 per year.
Published: Sunday, January 15th, 2023 @ 10:47 am By: Daily Wire
The Biden administration is proposing a plan that would lower federal student loan payments for millions of Americans, including a pause on student loan payments for those making under $30,600 per year.
 
Firms the federal government hired to distribute coronavirus Paycheck Protection Program loans promised to use high-tech methods to prevent fraud, but failed in part because abuse hurt taxpayers and not their own bottom line, according to a congressional investigation.
Published: Tuesday, December 6th, 2022 @ 8:39 am By: Daily Wire
Firms the federal government hired to distribute coronavirus Paycheck Protection Program loans promised to use high-tech methods to prevent fraud, but failed in part because abuse hurt taxpayers and not their own bottom line, according to a congressional investigation.
 
President Joe Biden reportedly plans to extend the pause on federal student loan payments through the summer of 2023 as his student debt cancellation plan faces legal challenges.
Published: Tuesday, December 6th, 2022 @ 4:20 am By: Daily Wire
President Joe Biden reportedly plans to extend the pause on federal student loan payments through the summer of 2023 as his student debt cancellation plan faces legal challenges.
 
A federal judge dismissed a lawsuit on Thursday from six Republican attorneys general against the Biden administration for its policy to cancel $10,000 in student debt for millions of borrowers.
Published: Sunday, November 27th, 2022 @ 10:12 pm By: Daily Wire
A federal judge dismissed a lawsuit on Thursday from six Republican attorneys general against the Biden administration for its policy to cancel $10,000 in student debt for millions of borrowers.
 
Amidst the fallout from the meager Republican showing on Tuesday came a breath of fresh air, courtesy of one U.S. district court judge in Texas who took a sledgehammer to President Joe Biden’s attempt to bailout certain student loans
Amidst the fallout from the meager Republican showing on Tuesday came a breath of fresh air, courtesy of one U.S. district court judge in Texas who took a sledgehammer to President Joe Biden’s attempt to bailout certain student loans
 
A federal judge in Texas ruled Thursday evening that President Joe Biden’s student loan bailout is illegal, dealing a massive blow to the administration.
A federal judge in Texas ruled Thursday evening that President Joe Biden’s student loan bailout is illegal, dealing a massive blow to the administration.
 
A federal appeals court temporarily froze President Joe Biden’s (D) controversial student loan bailout Friday evening.
Published: Sunday, October 30th, 2022 @ 9:10 am By: Daily Wire
A federal appeals court temporarily froze President Joe Biden’s (D) controversial student loan bailout Friday evening.
 
As reported by WSOC-TV, North Carolina’s Department of Revenue announced this week that the state will consider federal funds received as student loan “forgiveness” as taxable income:
As reported by WSOC-TV, North Carolina’s Department of Revenue announced this week that the state will consider federal funds received as student loan “forgiveness” as taxable income:
 
$100 million a year in direct federal loans for ethnic and gender studies degrees
$100 million a year in direct federal loans for ethnic and gender studies degrees
 
Far-left Sen. Bernie Sanders (I-VT) defended the Biden administration’s decision to cancel thousands of dollars in federal student loan debt.
Published: Tuesday, August 30th, 2022 @ 9:13 pm By: Daily Wire
Far-left Sen. Bernie Sanders (I-VT) defended the Biden administration’s decision to cancel thousands of dollars in federal student loan debt.
 
Sen. Roy Blunt (R-MO) blasted the Biden administration’s decision to cancel $10,000 in federal student loan debt for most borrowers.
Published: Tuesday, August 30th, 2022 @ 9:08 pm By: Daily Wire
Sen. Roy Blunt (R-MO) blasted the Biden administration’s decision to cancel $10,000 in federal student loan debt for most borrowers.
 
The Golden LEAF Foundation failed to monitor how $83 million in federal money from the COVID-19 Rapid Recovery Loan Program were used, a new audit finds.
The Golden LEAF Foundation failed to monitor how $83 million in federal money from the COVID-19 Rapid Recovery Loan Program were used, a new audit finds.
 
Student loans in the U.S. total nearly $1.7 trillion, and at the start of the COVID-19 pandemic, President Trump temporarily paused federal student loan payments and dropped interest rates to zero. The original suspension, which began on March 13, 2020, was only meant to last two months.
Student loans in the U.S. total nearly $1.7 trillion, and at the start of the COVID-19 pandemic, President Trump temporarily paused federal student loan payments and dropped interest rates to zero. The original suspension, which began on March 13, 2020, was only meant to last two months.
 
On my first day in office in January, I directed the Department of Education to pause federal student loan repayments for millions of Americans through September.
On my first day in office in January, I directed the Department of Education to pause federal student loan repayments for millions of Americans through September.
 
At the Request of President Biden, Acting Secretary of Education Will Extend Pause on Federal Student Loan Payments
At the Request of President Biden, Acting Secretary of Education Will Extend Pause on Federal Student Loan Payments
 
Robert Verbruggen of National Review Online pans proposals for the federal government to forgive student loan debt.
Robert Verbruggen of National Review Online pans proposals for the federal government to forgive student loan debt.
 
Arecent defense of student loans by Jason Delisle of the American Enterprise Institute is, uncharacteristically for him, off-base.
Arecent defense of student loans by Jason Delisle of the American Enterprise Institute is, uncharacteristically for him, off-base.
 
Shake Shack is returning a $10 million federal loan to be distributed to other struggling businesses after the fast food chain secured additional funds.
Published: Tuesday, April 21st, 2020 @ 7:15 am By: Daily Wire
Shake Shack is returning a $10 million federal loan to be distributed to other struggling businesses after the fast food chain secured additional funds.
 
The federal government has grown in importance for higher education for decades.
The federal government has grown in importance for higher education for decades.
 
With the hyperbole inherent in a politicized topic like student loans, it’s important to step back and look at the data.
With the hyperbole inherent in a politicized topic like student loans, it’s important to step back and look at the data.
 
A record number of students filled classrooms as Beaufort County Community College started its fall semester on August 19. The college currently has 1668 students enrolled in degree programs, the highest number since it exited the federal student loan program in 2015.
A record number of students filled classrooms as Beaufort County Community College started its fall semester on August 19. The college currently has 1668 students enrolled in degree programs, the highest number since it exited the federal student loan program in 2015.
 
With the rising number of student loan defaults, the federal government has reaped what it has sown.
With the rising number of student loan defaults, the federal government has reaped what it has sown.
 
The federal government currently holds around $1.5 trillion in outstanding student loans—up from “only” $500 million in 2007.
The federal government currently holds around $1.5 trillion in outstanding student loans—up from “only” $500 million in 2007.
 
College is expensive. Even in today's deeply divided political climate, all Americans seem to agree on that
College is expensive. Even in today's deeply divided political climate, all Americans seem to agree on that
 
Once again, Education Secretary Betsy DeVos has kicked the hornet's nest, this time by changing the rules for deciding if a student will be relieved of his or her obligation to repay federal college loans
Once again, Education Secretary Betsy DeVos has kicked the hornet's nest, this time by changing the rules for deciding if a student will be relieved of his or her obligation to repay federal college loans
 
Student loan debt, now totaling roughly $1.3 trillion, is the second largest source of debt in the United States
Student loan debt, now totaling roughly $1.3 trillion, is the second largest source of debt in the United States
 
It was a bad idea for the federal government ever to get into the business of financing college with its various grants and loans, but at least in the old days, most of the money loaned was eventually repaid
It was a bad idea for the federal government ever to get into the business of financing college with its various grants and loans, but at least in the old days, most of the money loaned was eventually repaid
 
When politicians and Education Department bureaucrats began designing policies to lessen college students' federal loan burdens, they weren't concerned much with the cost to the taxpayers
When politicians and Education Department bureaucrats began designing policies to lessen college students' federal loan burdens, they weren't concerned much with the cost to the taxpayers
 
Many experts believe that the United States is facing a student loan crisis. Total student loan debt now exceeds $1.3 billion-more than total credit card debt for the country
Many experts believe that the United States is facing a student loan crisis. Total student loan debt now exceeds $1.3 billion-more than total credit card debt for the country
 
During her primary fight with Vermont U.S. Sen. Bernie Sanders, Hillary Clinton argued that his "free college" promise went too far. Now, however, Clinton has come out with a plan to make public colleges and universities free for families who earn less than $125,000 annually.
During her primary fight with Vermont U.S. Sen. Bernie Sanders, Hillary Clinton argued that his "free college" promise went too far. Now, however, Clinton has come out with a plan to make public colleges and universities free for families who earn less than $125,000 annually.
 
Due to a drop in full-time equivalent (FTE) students, Beaufort County Community College (BCCC) is making a necessary ten percent budget cut across the board.
Published: Monday, March 7th, 2016 @ 5:22 pm By: Stan Deatherage
Due to a drop in full-time equivalent (FTE) students, Beaufort County Community College (BCCC) is making a necessary ten percent budget cut across the board.
 
Beaufort County Community College will cease participation in the Federal Direct Student Loan Program effective July 1, 2015. As a result, BCCC will not originate any new student loans after that date.
Published: Sunday, March 22nd, 2015 @ 10:54 am By: Chris Downey
Beaufort County Community College will cease participation in the Federal Direct Student Loan Program effective July 1, 2015. As a result, BCCC will not originate any new student loans after that date.
 
Beaufort County Community College will cease participation in the Federal Direct Student Loan Program effective July 1, 2015. As a result, BCCC will not originate any new student loans after that date. This action is being taken because of the trend in BCCC's three-year default rate. BCCC will...
Beaufort County Community College will cease participation in the Federal Direct Student Loan Program effective July 1, 2015. As a result, BCCC will not originate any new student loans after that date. This action is being taken because of the trend in BCCC's three-year default rate. BCCC will...
 
At the end of October, the Department of Education released its much-awaited "gainful employment" rule.
At the end of October, the Department of Education released its much-awaited "gainful employment" rule.
 
Not all students can obtain federal loans for college because some community colleges do not participate in the federal lending program.
Not all students can obtain federal loans for college because some community colleges do not participate in the federal lending program.
 
Funds from the federal government for college flow liberally, but there are limits.
Funds from the federal government for college flow liberally, but there are limits.
 
Governor Pat McCrory announced today that financial assistance is available to help individuals and business owners recover from damages caused by the April 25 tornadoes that struck eastern North Carolina. The governor received a U.S. Small Business Administration disaster declaration for...
Published: Friday, May 23rd, 2014 @ 9:37 pm By: Chris Downey
Governor Pat McCrory announced today that financial assistance is available to help individuals and business owners recover from damages caused by the April 25 tornadoes that struck eastern North Carolina. The governor received a U.S. Small Business Administration disaster declaration for...
 
Until the mid-60s, the federal government had almost nothing to do with higher education, with college benefits for veterans under the GI Bill being the exception. But with the passage of the Higher Education Act, the government got massively into the student aid business.
Until the mid-60s, the federal government had almost nothing to do with higher education, with college benefits for veterans under the GI Bill being the exception. But with the passage of the Higher Education Act, the government got massively into the student aid business.
 
Until about five years ago, few people said much about America's federal student loan system. There was no talk of a "crisis," and discussions about change were pretty much limited to tinkering around the edges.
Until about five years ago, few people said much about America's federal student loan system. There was no talk of a "crisis," and discussions about change were pretty much limited to tinkering around the edges.
 
Contrary to recent media reports, North Carolina has taken out federal loans to operate its underfunded unemployment insurance system, and it is the state's obligation to see that $2.5 billion debt is repaid, said Dale Folwell, state assistant secretary of employment security.
Contrary to recent media reports, North Carolina has taken out federal loans to operate its underfunded unemployment insurance system, and it is the state's obligation to see that $2.5 billion debt is repaid, said Dale Folwell, state assistant secretary of employment security.
 

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