Tag: loan

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AOC, Omar crank up pressure on Biden to release student loan memo, cancel debt

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Omar led the letter addressed to both Biden and Education Secretary Miguel Cardona calling on the administration to release the memo Cardona sent the president regarding the cancelation of student debt by Oct. 22. "P...

A Texas teacher can’t afford health insurance or buy a home. Here’s why Black leaders say the student loan crisis is a civil rights issue

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Tony Montgomery has been forced to put off his law school plans and can't afford to buy a home or pay for health insurance because he's drowning in $ 30,000 of student loan debt. Montgomery, a home-school teacher ...

Education Department eliminates $5.8 billion in student loan debt for some disabled borrowers

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Washington The US Education Department announced Thursday it will cancel $ 5.8 billion in outstanding student loans for borrowers who are unable to work because of permanent disabilities. More than 320,000 "total a...

Stone-Manning may have violated ethics rules, federal law with scrutinized 2008 personal loan

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Tracy Stone-Manning has received scrutiny for her ties to an Earth First! ecoterrorist tree-spiking plot, but she also took a $ 100,000 business loan from a friend while she was employed by Sen. Jon Tester, D-Mont. ...

Biden mulling ways to support student loan borrowers when payments resume

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The Department of Education paused federal student loan payments in March 2020 at the onset of the coronavirus pandemic and set the interest rates to 0% during the pause. Federal borrowers are scheduled to resume pay...

Colton Underwood slams ‘Bachelor’ nation while addressing PPP loan controversy

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"please stop lumping me in with the bachelor," the Season 23 star, 29, wrote in a since-deleted Instagram Story post on Monday. "I don’t f–k with them anymore, they don’t f–k with me," he added. "Point blank." In th...

Education Department rescinds Trump-era policy restricting state oversight of student loan servicing companies and debt collectors

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The Department of Education under the Biden administration is rescinding a Trump-era policy that restricted states' access to records and information in policing student loan servicing companies. Richard Cordray, t...

North Carolina woman is accused of using her $149,000 Covid-19 relief loan for shopping sprees

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As millions struggle to stay afloat during the Covid-19 pandemic, the last purchases on most minds are Louis Vuitton and diamonds. But in a state facing a 6.5% unemployment rate last August, one North Carolina wom...