Lawsuit says DeVos not enforcing pause on wage garnishments
A new lawsuit accuses the U.S. Education Department of garnishing wages from workers who are behind on student loan payments even after Congress ordered the agency to suspend the practice during the coronavirus pandemic.
Facing lawsuit, DeVos erases student loans for 1,500
Education Secretary Betsy DeVos on Friday said she will forgive certain student loans for more than 1,500 borrowers who attended a pair of for-profit colleges that shut down last year.
Trump appoints student loan industry executive to be top loan watchdog
It's a job designed to protect student loan borrowers from poor practices in the student loan industry and one of the few positions explicitly named in the Dodd-Frank Act, the law passed after the 2008 financial crisis that created the…
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For these states and cities, funding college is money in the bank
A majority of American college graduates leave school with tens of thousands of dollars in student loans. The issue of paying for college is so concerning that several 2020 presidential candidates have proposed forgiving student debt or making public colleges…
The government promised public service workers their debt could be erased if they made payments for 10 years, but officials have largely failed to deliver.
The Massachusetts senator says the proposal would eliminate almost all student loan debt for 42 million Americans.
A growing chorus of experts is making the surprising argument that students need to be allowed to borrow more. With grants limited and college costs rising, loans can be a lifeline for students who have no other way to afford…
In our news wrap Thursday, Vice President Pence criticized European allies for staying in the Iran nuclear deal, saying they were intending to break U.S. sanctions against Iran. His remarks came at a conference discussing peace and stability in the…
The idea of the TEACH Grant program was simple: Teachers got a grant to pay for college or graduate school, and in exchange they agreed to teach for four years where they're needed. But an investigation by NPR found that…
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