Student borrowers could see credit scores drop for late loan payments Nearly 9.7 million student loan borrowers will see drops in credit scores, according to the Federal Reserve. Straight Arrow News Student loan collections will resume May 5th after a five-year pause. Millions of borrowers risk wage garnishment, impacting social security and tax returns. Defaulting
More than 600 positions have been eliminated from the Federal Student Aid office, internal documents show. Now, in many places, “no one is identifying schools that are failing financially.” WASHINGTON – President Donald Trump has made it a top priority to dismantle and reorganize the federal Education Department. Simultaneously, he has promised time and again
Mixed reactions to Trump’s order to dismantle Education Department Residents in Columbia, Missouri, and New York City reacted to President Donald Trump’s executive order aimed at dissolving the Education Department. WASHINGTON — President Donald Trump signed a long-anticipated executive order seeking to eliminate the U.S. Department of Education, which he said was “45 years in
Will the U.S. Department of Education be disbanded by Trump Administration? This video examines the historical foundation of the U.S. Department of Education, its mission to promote equal access and accountability in education, and the conservative-driven debate over its future. The Trump administration’s proposed cuts to the U.S. Department of Education have raised question by
Linda McMahon confirmed by Senate for Education secretary The Senate confirmed GOP donor and former wrestling executive Linda McMahon to head the Department of Education with a 51-45 vote. President Donald Trump is seeking to eliminate the U.S. Department of Education, according to a draft of an executive order reviewed by USA TODAY. As Trump
Employers can now help borrowers pay off student debt Student loans have become a $1.8 trillion burden for millions of Americans. A new law signed by President Biden may help borrowers pay off their loans while saving for retirement. Bloomberg – Quicktake Did you wake up to an email on Friday stating your student loans
Joe Biden and Kamala Harris continue to march forward with debt forgiveness plans that they have no authority to implement. Millennials: Thousands in debt, little in the bank, yet loves vacations Millennials are struggling to stay financially afloat these days thanks to rising rent, and student loan debt. Buzz60 It’s the middle of August, which
Student loans are holding borrowers back A new Gallup poll finds that most student loan borrowers are delaying other major life events due to their debt. President Joe Biden’s administration has worked to forgive or lower student loan repayments, but now one of the main programs helping millions of Americans is in court and borrowers