In Victory For Borrowers, DeVos Agrees To Stop Issuing Mass Denials Of Loan Forgiveness Applications | Forbes
Student loan borrowers scored a victory in court this week against Education Secretary Betsy DeVos, as litigation continues over mass denials of student loan forgiveness applications. The case, Sweet v. DeVos, concerns the troubled Borrower Defense to Repayment program.
How the Biden Administration Can Free Americans from Student Debt | The New Yorker
On September 2nd, the anthropologist and activist David Graeber died unexpectedly, while on holiday in Venice. David, who was my friend and collaborator for more than a decade, was best known for his groundbreaking study “Debt: The First 5,000 Years,” from 2011.
Should the Biden Administration Cancel Student Debt? This Guide Might Help You Decide | MarketWatch
The debate over student-debt cancellation is raging as it becomes a more realistic possibility.
Biden Could Face a Student Loan Mess if Trump Allows Pandemic Relief to Expire | CNN
Student loan borrowers haven’t had to make payments since March — but that piece of federal pandemic relief is set to expire on December 31, unless President Donald Trump or Congress act to extend it.
What Biden’s Election Could Mean for Student Loans | New York Times
The federal government is the primary lender for students who borrow money for college and graduate school, and the Education Department directly holds more than $1.4 trillion in student debt. President-elect Joseph R. Biden Jr.’s administration will have the ability to make changes that can directly affect millions of borrowers’ monthly bills.
President-Elect Joe Biden Has Signaled He’s Open to Canceling Student-Loan Debt — The Question Is When And How Much | MarketWatch
Activists, advocates and scholars have been arguing for years that cancelling student-loan debt would provide an economic stimulus, correct decades of policy failure — and that the president has the authority to do it.
Here’s What Biden Could Change Just by Executive Order | MarketWatch
As people and markets around the world brace for Joe Biden’s move into the White House, a key factor is what the veteran Democratic politician could accomplish without having to work with Congress.
What a Joe Biden presidency means for taxes, health care, housing, student debt — and another COVID-19 stimulus package | MarketWatch
Joe Biden was projected Saturday to become the nation’s next president, according to the Associated Press, after campaigning on an ambitious domestic agenda he hopes will improve voters’ finances and invigorate an economy battered by the coronavirus pandemic. Tax hikes for the rich, broadened health care coverage and student loan forgiveness were some of the projects on candidate Biden’s to-do list.
Court Revives Suit Against U.S. Over Fraudulent Student Loans | New York Law Journal
Former beauty school students may pursue claims that the U.S. Department of Education defied federal law by collecting student loans it knew may have been obtained fraudulently, a federal appeals court determined.
U.S. Must Face Lawsuit Over Beauty School Student Loans | Reuters
A U.S. appeals court in New York revived a lawsuit seeking to stop the government from collecting on loans made to students of a nationwide beauty school chain, since it knew the now-defunct company routinely falsified student eligibility for those loans.