How student loan borrowers could be affected by the next presidential administration
CNN POLITICS — With much of President Joe Biden’s student loan agenda tied up in court, the incoming Trump administration could have a significant impact on millions of borrowers.
Read More about How student loan borrowers could be affected by the next presidential administrationWhite House continues with student debt relief plans despite legal challenges
INSIDE HIGHER ED — President Joe Biden’s latest debt-relief plan would benefit eight million people, if enacted, but the plan will likely face legal challenges and might never see the light of day.
Read More about White House continues with student debt relief plans despite legal challengesDepartment of Education forgave more than 17 billion in federal student loans as of April 30
INSIDE HIGHER ED — The Department of Education had forgiven $17.2 billion in federal student loans for nearly 975,000 borrowers as of April 30, through a program that allows borrowers to seek relief if they’ve been misled or defrauded by their college, the U.S. Government Accountability Office found in a report released Thursday.
Read More about Department of Education forgave more than 17 billion in federal student loans as of April 30Federal Public Service Loan Forgiveness extended to more than 1 million borrowers over the last three years
USA TODAY — Less than three weeks before Election Day, the White House plans to sidestep the jumble of legal challenges it’s facing over its student loan forgiveness agenda to tout billions of dollars in new relief.
Read More about Federal Public Service Loan Forgiveness extended to more than 1 million borrowers over the last three yearsPolicy experts call for additional regulation of graduate programs as graduates struggle with debt
INSIDE HIGHER ED — As emerging data shows that taking out loans to earn a graduate degree doesn’t always pay off, policy experts call for even stronger regulation of graduate schools.
Read More about Policy experts call for additional regulation of graduate programs as graduates struggle with debtAmerican Bar Association study examines the effects of debt on young lawyers
REUTERS — Student loan debt is altering the career and life plans of young lawyers while also impeding their ability to save for emergencies, investments and retirement, according to an American Bar Association survey.
Read More about American Bar Association study examines the effects of debt on young lawyersJudge temporarily blocks federal student loan debt relief plan
REUTERS — A U.S. judge on Thursday temporarily blocked President Joe Biden’s administration from implementing its latest student debt forgiveness plan, just days after seven Republican-led states filed a lawsuit seeking to halt it.
Read More about Judge temporarily blocks federal student loan debt relief planLegal action against federal student loan repayment programs continue to delay payments
INSIDE HIGHER ED — The Biden administration’s new loan-repayment plan remains on hold this week after the U.S. Supreme Court declined to lift an injunction blocking the plan.
Read More about Legal action against federal student loan repayment programs continue to delay paymentsCornell Law expands public service loan repayment assistance program
THE CORNELL DAILY SUN — Cornell Law School, known for its high placement of graduates in private-sector law firms, recently made a notable move to support its public-sector graduates.
Read More about Cornell Law expands public service loan repayment assistance programStudy examines law school graduate salary outcomes and student loan debt
DIVERSE EDUCATION — In its latest report regarding higher education’s return on investment (ROI), Georgetown University’s Center for Education and the Workforce (CEW) has analyzed 186 law schools and found at nearly one-in-five law schools, graduates’ net take-home pay after student loan payments averages at $55,000.
Read More about Study examines law school graduate salary outcomes and student loan debt