Biden Administration Says It Will Finalize Second Attempt at Blanket Student Loan Forgiveness This Fall
If at first you don't succeed, try, try again.
If at first you don't succeed, try, try again.
The candidate supports gun rights, wants to privatize government programs, and would radically reduce the number of federal employees.
The SAVE plan would have dramatically reduced the amount borrowers were required to pay back before receiving forgiveness—and cost taxpayers almost $500 billion over the next decade.
Those three presidential candidates are making promises that would have bewildered and horrified the Founding Fathers.
The Congressional Budget Office reports the 2024 budget deficit will near $2 trillion.
A letter from higher education professionals warns that next year's FAFSA will likely face delays.
The president has tried to shift blame for inflation, interest rate hikes, and an overall decimation of consumers' purchasing power.
Several lawsuits are attempting to stop the SAVE program but with uncertain impact.
Why aren't politicians on both sides more worried than they seem to be?
According to new research, 23 percent of bachelor's degree programs and 43 percent of master's degree programs have a negative ROI.
Instead of throwing money at the problem, the Education Department should commit to fixing the form for next year.
Plus: A listener asks the editors about cancelling student loan debt.
Due to persistent glitches in the financial aid form, Gov. Jim Justice issued an executive order lifting the FAFSA requirement for several state grants.
A recent case in the 4th Circuit Court of Appeals highlights just how bloated PSLF eligibility has become.
Instead of making the FAFSA form easier for families, persistent technical issues have imperiled vital financial aid information for millions of students.
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The new plan is much less ambitious than the president's 2022 blanket forgiveness effort, mostly relying on an expansion of previous smaller-scale debt cancelation schemes.
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A rushed attempt to simplify the financial aid form has led to persistent technical difficulties, frustrating families and colleges alike.
The president of the new University of Austin wants to reverse the decline of higher education in America.
The updated FAFSA form has been marred with technical problems, leaving many students unable to complete the financial aid form entirely.
Biden claims that billions in loan forgiveness is "good for the economy," but his plans will end up costing taxpayers almost $500 billion.
This new wave of forgiveness shows how Biden can keep canceling student loans, even after his defeat at the Supreme Court last year.
Misled by a bad law, graduate students are drowning in debt.
The plan is the Biden administration's latest effort to enact large-scale student loan forgiveness.
Persistent technical difficulties have made completing the financial aid form nearly impossible for many applicants.
Misled by a bad law, graduate students are drowning in debt.
Through changes to income-driven repayment plans, the Department of Education is set to enact debt relief for thousands of borrowers.
While the new version of the financial aid form was supposed to simplify the process, it has instead been riddled with technical problems and considerable delays.
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Since its start in March 2020, the pause has cost taxpayers around $200 billion.
Thankfully, you don't need fancy dining halls or a college degree to have a good life or get a good job.
The injunction is the latest in a series of setbacks for the Biden administration's loan forgiveness agenda.
Biden's new income-driven repayment plan is estimated to cost taxpayers $360 billion over the next decade.
The plan's supporters say it won't push costs onto taxpayers.
The Dirty Jobs host is freaked out by the number of men who have dropped out of the workplace.
The country's favorite blue-collar champion calls attention to the 'skills gap' and asks why young men spend so much time online.
The federal budget deficit has exploded under Biden's watch, and he can no longer pretend otherwise.
Biden wants to use the Higher Education Act of 1965 to forgive student loans. But that plan has major issues.
Biden plans to slash minimum monthly payments to just 5 percent of borrowers' income.
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Biden's proposed income-driven repayment plan could still cost taxpayers billions. And it will likely raise tuition too.
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Unlike Democrats, Senate and House Republicans have released proposals that would actually tackle the root causes of increasing student loan debt.
A new working paper finds that borrowers whose loan payments were paused actually had more debt at the end of 2021 than those whose loans were never paused.
If the debt ceiling bill passes, the Education Department will be barred from extending the student loan repayment pause yet again.
The lawsuit claims that the pause has cost taxpayers "$160 billion and counting."