Nearly 4 million people enroll in new SAVE student loan repayment program
INVESTOPEDIA — As borrowers with federally held student loans prepare to resume payments, 4.1 million have enrolled in a new kind of repayment plan that takes less out of their budget each month.
Read More about Nearly 4 million people enroll in new SAVE student loan repayment programNew federal student loan repayment program focused on low-income borrowers
NPR — A new repayment program opens today to more than 20 million student loan borrowers, with payments based on their income and family size.
Read More about New federal student loan repayment program focused on low-income borrowersFederal student loan borrowers prepare to resume payments
CNBC — Federal student loan payments are coming back, and they’re going to wreak havoc on borrowers’ budgets. Interest accurals resume on Sept. 1 and payments will be due in October for the first time in over three years.
Read More about Federal student loan borrowers prepare to resume paymentsFemale law students shoulder more law school student debt than male counterparts
BLOOMBERG LAW — There have been more women than men in law school for almost a decade, but women still face considerable barriers in the legal industry, such as disproportionate workloads and blatant sexism. And new data from Bloomberg Law suggests that substantial law-school-related debt is another burden for women in law.
Read More about Female law students shoulder more law school student debt than male counterpartsStudy analyzes student outcomes following graduate school
USA TODAY — Despite fierce debates over solutions to the country’s student debt crisis, Americans still tend to believe that going to college is worth it. The vast majority of people who have undergraduate degrees are better off financially than they would’ve been had they not attended college.
Read More about Study analyzes student outcomes following graduate schoolUS Department of Education debuts SAVE plan application for affordable student loan repayment
YAHOO! FINACE — Student loan borrowers can now apply for what the Biden administration called “the most affordable repayment plan in history.”
Read More about US Department of Education debuts SAVE plan application for affordable student loan repaymentA look at the new federal student loan forgiveness plan qualifications
CNBC — After the Supreme Court struck down President Joe Biden’s original student loan forgiveness plan, Biden said he would pursue a new path to deliver relief to holders of federal educational debt.
Read More about A look at the new federal student loan forgiveness plan qualificationsUS Department of Education sets loan forgiveness notification schedule for eligible borrowers
FORBES — Last month, the Education Department notified over 800,000 borrowers that they qualify for student loan forgiveness. The Biden administration estimated that these borrowers would collectively receive nearly $40 billion in discharges.
Read More about US Department of Education sets loan forgiveness notification schedule for eligible borrowersBloomberg Law survey finds Black law graduates are most affected by law school debt
BLOOMBERG LAW — Black lawyers face numerous challenges in the legal profession, from being underrepresented to facing systemic barriers. New survey data from Bloomberg Law reveal another obstacle that Black lawyers face: paying down substantial student debt.
Read More about Bloomberg Law survey finds Black law graduates are most affected by law school debtA look at the new federal plan for student loan relief
INSIDE HIGHER ED — Nearly a year after President Biden first pledged to forgive up to $20,000 in student loans per borrower and less than a month after the Supreme Court struck down that plan, the Education Department is again trying to provide relief.
Read More about A look at the new federal plan for student loan relief