As a Graduate School Student Loan Debt Balloons, It’s Time to Introduce Loan Caps – Forbes | Vette Leader

With our student-loan debt crisis raging on and Biden’s student-loan forgiveness plan now officially on pause, it’s easy to see why parents of college students — and college students themselves — are concerned. Nothing seems to be going right in higher education, and it couldn’t come at a worse time, with monthly federal student loan … Read more

A Florida teacher thought she had paid off her student loan debt 20 years ago. Then she got a bill for a million dollars. – CBS News | Vette Leader

For nearly a decade, the government took hundreds of dollars out of the paychecks of a Florida woman named Michelle each month to pay off old student loans that were unpaid and overdue. The process, known as garnishment, is legal, and the US Department of Education can order it on a person’s wages, tax returns, … Read more

A Florida teacher thought she had paid off her student loan debt 20 years ago. Then she got a bill for a million dollars. – CBS News | Vette Leader

For nearly a decade, the government took hundreds of dollars out of the paychecks of a Florida woman named Michelle each month to pay off old student loans that were unpaid and overdue. The process, known as garnishment, is legal, and the US Department of Education can order it on a person’s wages, tax returns, … Read more

5 Key Takeaways After Biden Extends Student Loan Pause to 2023 – Forbes | Vette Leader

President Joe Biden speaks on student loan forgiveness in the Roosevelt Room of the White House. … [+] Wednesday, August 24, 2022 in Washington. (AP Photo/Evan Vucci) Copyright 2022 The Associated Press. All rights reserved Yesterday, President Biden announced that he will extend the current student loan payment pause on federally administered loans well into … Read more

5 Key Takeaways After Biden Extends Student Loan Pause to 2023 – Forbes | Vette Leader

President Joe Biden speaks on student loan forgiveness in the Roosevelt Room of the White House. … [+] Wednesday, August 24, 2022 in Washington. (AP Photo/Evan Vucci) Copyright 2022 The Associated Press. All rights reserved Yesterday, President Biden announced that he will extend the current student loan payment pause on federally administered loans well into … Read more

Biden extends student loan pause as court battle drags on – WILX | Vette Leader

WASHINGTON (AP) — President Joe Biden announced Tuesday that his administration would extend a pause in federal student loan payments while the White House fights a legal battle to salvage his plan to cancel portions of the debt. “It’s not fair to ask tens of millions of borrowers eligible for relief to resume their student … Read more

Credit union student loans are getting back on track – American Banker | Vette Leader

Now that students have returned to campus after the COVID-19 lockdowns, credit unions are seeing loan volumes returning to more normal levels. According to the latest data from S&P Global Market Intelligence, non-government-guaranteed loans at U.S. credit unions rose nearly 13% year over year in the second quarter. Credit unions had $7.25 billion in non-government-guaranteed … Read more

$24 billion student loan forgiveness approved with waiver, Department of Education says, and more to come – Forbes | Vette Leader

WASHINGTON, DC – MAY 12: Student loan borrowers gather near the White House to tell President Biden … [+] Student debt to be forgiven on May 12, 2020 in Washington, DC. (Photo by Paul Morigi/Getty Images for We, The 45 Million) Getty Images for We The 45 Million The Biden administration has approved billions of … Read more

What borrowers need to know while student loan forgiveness hangs in the balance – CNBC | Vette Leader

Olga Ryazantseva | Istock | Getty Images After applying for student loan forgiveness, some borrowers are getting what appears to be good news from the US Department of Education. “We have reviewed your application and determined that you are eligible for loan relief under the plan,” Secretary of Education Miguel A. Cardona said in a … Read more

What the Student Loan Approval Emails Mean to Borrowers – Money | Vette Leader

Many companies featured on Money advertise with us. Opinions are our own, but compensation and In-depth research determines where and how companies can appear. Learn more about how we make money. Millions of federal student borrowers are getting word that their debt relief applications have been approved. The Department of Education sent out a first … Read more