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43 Results found for federal student loans

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Just to make sure the borrowers of student loans know whom to thank for escaping responsibility for fully paying back their student loans, President Biden will send over 150,000 borrowers a personal email reminding them that he’s their guy.
Just to make sure the borrowers of student loans know whom to thank for escaping responsibility for fully paying back their student loans, President Biden will send over 150,000 borrowers a personal email reminding them that he’s their guy.
 
U.S. House Education Committee Chair Rep. Virginia Foxx, R-NC, is taking aim at the Biden Administration’s recently announced student loan forgiveness action, stating the executive branch is “trampling the rule of law.”
U.S. House Education Committee Chair Rep. Virginia Foxx, R-NC, is taking aim at the Biden Administration’s recently announced student loan forgiveness action, stating the executive branch is “trampling the rule of law.”
 
As the student loan landscape continues to evolve, borrowers face shifting deadlines, confusion, and uncertainty.
As the student loan landscape continues to evolve, borrowers face shifting deadlines, confusion, and uncertainty.
 
The latest version of President Joe Biden’s student debt bailout, scaled back after its defeat in the Supreme Court, is again facing legal challenges.
The latest version of President Joe Biden’s student debt bailout, scaled back after its defeat in the Supreme Court, is again facing legal challenges.
 
If loan dollars are to flow, borrowers should be made to understand the terms.
 
The Biden administration quietly changed the fine print of it student loan debt forgiveness plan Thursday, cutting hundreds of thousands of borrowers out of the sweeping program.
The Biden administration quietly changed the fine print of it student loan debt forgiveness plan Thursday, cutting hundreds of thousands of borrowers out of the sweeping program.
 
On Monday, the Congressional Budget Office (CBO) released its estimates on the cost of President Biden’s executive action to cancel student loan debt. They found that this will cost $400 billion. The White House has still not released its own estimate.
On Monday, the Congressional Budget Office (CBO) released its estimates on the cost of President Biden’s executive action to cancel student loan debt. They found that this will cost $400 billion. The White House has still not released its own estimate.
 
The Biden administration used a COVID-justified waiver to quietly transform a small student loan forgiveness program into an enormous scheme which can write off unlimited amounts of student loans for government workers and employees of nonprofits including activist think-tanks.
The Biden administration used a COVID-justified waiver to quietly transform a small student loan forgiveness program into an enormous scheme which can write off unlimited amounts of student loans for government workers and employees of nonprofits including activist think-tanks.
 
There are plenty of reasons to get angry about President Biden’s Executive Order to transfer about $300 billion in student loan debt to taxpayers. A few of the major themes highlighted in recent commentary include:
There are plenty of reasons to get angry about President Biden’s Executive Order to transfer about $300 billion in student loan debt to taxpayers. A few of the major themes highlighted in recent commentary include:
 
THE PRESIDENT: Hey, folks. Well, good afternoon. When America made 12 years of public education universal in the last century, we became — not figuratively, literally — the best-educated public in the world and better prepared than any other nation.
THE PRESIDENT: Hey, folks. Well, good afternoon. When America made 12 years of public education universal in the last century, we became — not figuratively, literally — the best-educated public in the world and better prepared than any other nation.
 
MR. HASAN: Hi, everyone, this is Abdullah from the White House. Thanks for joining today’s background briefing on the student loans announcement.
MR. HASAN: Hi, everyone, this is Abdullah from the White House. Thanks for joining today’s background briefing on the student loans announcement.
 
The Biden administration used a COVID-justified waiver to quietly transform a small student loan forgiveness program into an enormous scheme which can write off unlimited amounts of student loans for government workers and employees of nonprofits including activist think-tanks.
The Biden administration used a COVID-justified waiver to quietly transform a small student loan forgiveness program into an enormous scheme which can write off unlimited amounts of student loans for government workers and employees of nonprofits including activist think-tanks.
 
With the Biden administration’s announcement this week that it would continue the moratorium on student loan payments through the beginning of next year and will forgive up to $20,000 in student loan debt per student, student loan forgiveness is at the top of the current political agenda.
With the Biden administration’s announcement this week that it would continue the moratorium on student loan payments through the beginning of next year and will forgive up to $20,000 in student loan debt per student, student loan forgiveness is at the top of the current political agenda.
 
The U.S. Department of Education proposed new regulations on Wednesday to cancel student loans for individuals whose schools closed or who are permanently disabled.
The U.S. Department of Education proposed new regulations on Wednesday to cancel student loans for individuals whose schools closed or who are permanently disabled.
 
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.
 
Press Briefing by Press Secretary Jen Psaki and Deputy Director of the National Economic Council Bharat Ramamurti, March 9, 2021
 
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.
 
I will concentrate today on the economics of higher education—why it is so costly, and a few things we can do about it.
I will concentrate today on the economics of higher education—why it is so costly, and a few things we can do about it.
 
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.
 
The College Scorecard, a Department of Education initiative that publishes data on student debt and earnings after graduation for thousands of schools, just got a major update.
The College Scorecard, a Department of Education initiative that publishes data on student debt and earnings after graduation for thousands of schools, just got a major update.
 
Default rates on student loans are high because standard commercial lending standards are ignored.
 
The latest data from the Department of Education found a national default rate of 10.8 percent in 2015, below the 2014 rate of 11.5 percent.
The latest data from the Department of Education found a national default rate of 10.8 percent in 2015, below the 2014 rate of 11.5 percent.
 
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.
 
On Monday, March 11, White House Office of Management and Budget Acting Director Russ Vought will release the President's Fiscal Year 2020 Budget of the United States Government.
On Monday, March 11, White House Office of Management and Budget Acting Director Russ Vought will release the President's Fiscal Year 2020 Budget of the United States Government.
 
On Monday, March 11, White House Office of Management and Budget Acting Director Russ Vought will release the President's Fiscal Year 2020 Budget of the United States Government.
On Monday, March 11, White House Office of Management and Budget Acting Director Russ Vought will release the President's Fiscal Year 2020 Budget of the United States Government.
 
In 1965, President Lyndon Johnson signed the Higher Education Act into law, inserting the federal government irrevocably into the inner workings of America's colleges and universities
In 1965, President Lyndon Johnson signed the Higher Education Act into law, inserting the federal government irrevocably into the inner workings of America's colleges and universities
 
The Department of Education's method for awarding college students financial aid has many perverse effects
The Department of Education's method for awarding college students financial aid has many perverse effects
 
Within the fractious realm of higher education policy, one of the few ideas to gain bipartisan support is the expansion of technical training for young workers, largely through apprenticeships
Within the fractious realm of higher education policy, one of the few ideas to gain bipartisan support is the expansion of technical training for young workers, largely through apprenticeships
 
When Congress passed the Higher Education Act of 1965, colleges and universities were swept into a paradigm shift
When Congress passed the Higher Education Act of 1965, colleges and universities were swept into a paradigm shift
 
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
 
Foremost among the criticisms of the way our administrative law system works is that bureaucratic agencies get to act as lawmaker, judge, jury, and executioner all rolled into one
Foremost among the criticisms of the way our administrative law system works is that bureaucratic agencies get to act as lawmaker, judge, jury, and executioner all rolled into one
 
Mark Twain's famous quip about the rumors of his demise applies to the private higher education lending industry
Mark Twain's famous quip about the rumors of his demise applies to the private higher education lending industry
 
Politicians are usually eager to be generous with the money taken from taxpayers, especially when it helps them gain favor with some interest group
Politicians are usually eager to be generous with the money taken from taxpayers, especially when it helps them gain favor with some interest group
 
It is common knowledge that students who have amassed large college debt burdens cannot discharge those debts through bankruptcy.
It is common knowledge that students who have amassed large college debt burdens cannot discharge those debts through bankruptcy.
 
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