Tag: Student Loans

Biden Seeking to Appeal to Key Constituencies With Targeted Policies

Last Monday, it was forgiving student loans. This week, it was calling for tariffs on Chinese steel. Soon, President Biden is expected to protect federal land in the Alaskan wilderness. As his re-election campaign heats up, Mr. Biden is leaning heavily on the powers of the presidency to try to shore up his support among […]

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The Financial Aid Debacle Affecting Millions of Low-Income Students

The Department of Education just barely slid under the deadline set by Congress to launch the form, making it available on December 30, 2023. However, the application did not become available on a 24/7 basis until early January. There have also been significant delays in processing student applications. Although colleges usually receive processed student application […]

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How the Dream of a Financial Aid Upgrade Became a Nightmare

The Department of Education just barely slid under the deadline set by Congress to launch the form, making it available on December 30, 2023. However, the application did not become available on a 24/7 basis until early January. There have also been significant delays in processing student applications. Although colleges usually receive processed student application […]

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Biden’s Student Loan Repayment Plan Is Being Challenged. Here’s What to Know.

When President Biden announced his plan to provide student debt relief for 43 million borrowers nearly two years ago, there was a piece to his program that attracted less attention: a new student loan repayment program that would cut monthly payments in half for millions. The repayment program, called SAVE, was meant to become a […]

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$7.4 Billion More in Student Loans Are Canceled, Biden Administration Says

The Biden administration announced an additional $7.4 billion in student loan cancellations for some 277,000 borrowers on Friday, building on plans announced earlier this week to provide debt relief for millions of borrowers by the fall if new rules the White House has put forward hold. The latest round of relief reflects a strategy the […]

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Biden’s Vulnerability With Young Voters May Not Cost Him in 2024

All this has me worried—but only a little, because the youth vote doesn’t loom that large in the American electorate. It should loom large, because millennials, or the cohort born between 1981 and 1996, number 72 million, making them not the greatest generation but certainly the largest. Generation Z, born between 1997 and 2012, is […]

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Younger Voters Don’t Have the Power to Deliver Biden a Second Term

All this has me worried—but only a little, because the youth vote doesn’t loom that large in the American electorate. It should loom large, because millennials, or the cohort born between 1981 and 1996, number 72 million, making them not the greatest generation but certainly the largest. Generation Z, born between 1997 and 2012, is […]

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What to Know About Biden’s New Student Debt Relief Plan

President Biden released details on Monday of his new student loan debt forgiveness plan for nearly 30 million borrowers. The proposal still needs to be finalized and will have to withstand expected legal challenges, like the ones that doomed Mr. Biden’s first attempt to wipe out student debt on a large scale last year. Biden […]

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Biden to Announce Student Debt Relief for Millions in Swing-State Pitch

President Biden on Monday plans to announce a large-scale effort to help pay off student loans for tens of millions of American borrowers in Wisconsin, seeking an election-year boost by returning to a promise that was blocked by the Supreme Court last year. White House officials said on Sunday that the president’s plan would reduce […]

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Biden Will Try Again to Wipe Out Student Loan Debt for Millions of Borrowers

President Biden will announce a new effort on Monday to reduce or eliminate student loan debt for millions of borrowers, an election-year attempt to revive his goal of providing large-scale relief for Americans struggling to pay off their college loans, a person familiar with the plan said Friday. Mr. Biden is expected to preview new […]

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Some Colleges Will Soon Charge $100,000 a Year. How Did This Happen?

It was only a matter of time before a college would have the nerve to quote its cost of attendance at nearly $100,000 a year. This spring, we’re catching our first glimpse of it. One letter to a newly admitted Vanderbilt University engineering student showed an all-in price — room, board, personal expenses, a high-octane […]

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