New guidelines could make it easier to discharge student loans in bankruptcy
YAHOO!LIFE — While certain student loan borrowers can use the bankruptcy process to have their loans discharged, the process has been very cumbersome — but this might change thanks to new guidelines.
Read More about New guidelines could make it easier to discharge student loans in bankruptcyUS Supreme Court to hear case on proposed federal student loan forgiveness
USA TODAY — President Joe Biden said Wednesday that he’s “not confident” how the Supreme Court will rule on his plan to wipe away $400 billion in student loan debt. “I’m confident we’re on the right side of the law,” he told reporters as he was leaving the White House. “But I’m not confident about the outcome…
Read More about US Supreme Court to hear case on proposed federal student loan forgivenessABA praises federal public service loan forgiveness plans and urges extension of student loan payment pause
ABA JOURNAL — Credit for the Public Service Loan Forgiveness program will be extended to all with qualifying jobs and government school loans, regardless of whether they made late payments, paid in installments or in lump sums, the U.S. Department of Education announced Tuesday.
Read More about ABA praises federal public service loan forgiveness plans and urges extension of student loan payment pauseUS Supreme Court case challenging federal student loan relief may be determined on standing
INSIDE HIGHER ED — If the parties challenging the plan can’t clear the standing threshold, then the Supreme Court justices shouldn’t consider the other arguments that the debt-relief plan is illegal. But that might not stop the conservative justices from striking down loan forgiveness.
Read More about US Supreme Court case challenging federal student loan relief may be determined on standingHow the US Supreme Court may determine the future of student loan forgiveness
DIVERSE ISSUES IN HIGHER EDUCATION — Many experts believe that the Biden administration’s plan for student loan forgiveness, which offers $10,000 of debt relief to most borrowers and $20,000 to Pell Grant recipients, is dead in the water at the conservative-dominated Supreme Court. Diverse readers aren’t more optimistic, with nearly 2/3 predicting that the policy would be terminated in…
Read More about How the US Supreme Court may determine the future of student loan forgivenessA look at the overhaul of income-driven student loan repayment programs
INSIDE HIGHER ED — The Biden administration is moving forward on a sweeping plan to overhaul how student borrowers can repay their loans, though advocates want the Education Department to go further in its plan, while critics cite the price tag as an area of concern.
Read More about A look at the overhaul of income-driven student loan repayment programsFederal government walks back student loan relief approval letters for 9 million borrowers
NPR — Millions of student loan borrowers were left confused Tuesday morning after receiving an email reversing course on what they thought was an approval of their student debt relief applications. The email, from Federal Student Aid, referred to the one-time relief plan that theBiden administration rolled out in August and – in recent months – put on…
Read More about Federal government walks back student loan relief approval letters for 9 million borrowersA look at recent changes to income driven student loan repayment plans
INSIDE HIGHER ED — While President Biden’s one-time student loan forgiveness plan remains tied up in the U.S. Supreme Court, the Education Department is working on a more far-reaching and costly plan to overhaul how people pay back their loans.
Read More about A look at recent changes to income driven student loan repayment plansAccessLex launches student loan calculator for law students
CISION PR NEWSWIRE — For the past decade, the AccessLex Student Loan Calculator has been the leading resource for hundreds of thousands of aspiring, current, and recent law students seeking to calculate their potential student loan debt and plan for repayment. Free and easy-to-use with no login required, the Calculator now includes several new features that allow…
Read More about AccessLex launches student loan calculator for law studentsFederal government stops taking applications for student loan forgiveness after federal judge blocks action
CNBC — The Biden administration has stopped accepting applications for federal student loan forgiveness after a court struck down its plan on Thursday evening.
Read More about Federal government stops taking applications for student loan forgiveness after federal judge blocks action