Secretary DeVos Directs FSA to Stop Wage Garnishment, Collections Actions for Student Loan Borrowers, Will Refund More Than $1.8 Billion to Students, Families
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Secretary DeVos Directs FSA to Stop Wage Garnishment, Collections Actions for Student Loan Borrowers, Will Refund More Than $1.8 Billion to Students, Families

MARCH 25, 2020 Contact:   Press Office, (202) 401-1576, press@ed.gov WASHINGTON — U.S. Secretary of Education Betsy DeVos announced today that, due to the COVID-19 national emergency, the Department will halt collection actions and wage garnishments to provide additional assistance to borrowers. This flexibility will last for a period of at least 60 days from March 13, 2020....

Posted by March 25, 2020March 25, 2020
Graduate Student Letter to the Administrators of Stanford University
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Graduate Student Letter to the Administrators of Stanford University

Dear President Tessier-Lavigne: We are currently in uncharted territory. Our political leaders and the American public have finally begun to grasp the severity of the COVID-19 pandemic, which will fundamentally disrupt the daily routines and livelihoods of individuals in this country and across the globe. Hundreds of thousands of people may die; countless others will...

Posted by March 22, 2020March 22, 2020
Trump Waives Interest On Student Loans: 5 Questions
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Trump Waives Interest On Student Loans: 5 Questions

President Donald Trump has some good news: he is waiving interest on student loans held by the federal government. Here are 5 questions for the president to consider. Student Loans: Interest Waiver Trump shared good news with student loan borrowers last week: he’s temporarily waiving student loan interest on all student loans held by federal government agencies....

Posted by March 22, 2020May 27, 2020
Congress rejects reversal of student loan forgiveness rule
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Congress rejects reversal of student loan forgiveness rule

Congress rejects reversal of student loan forgiveness rule: Without the March 11th vote, hundreds of thousands of student loan borrowers would lose federal support on July 1st to seek the discharge of federal student loans incurred at fraudulent, mostly for-profit institutions. These students are deeply in debt for educations whose benefits never materialized due to...

Posted by March 19, 2020May 10, 2020
New York Stops Collection Of Student Loan Debt
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New York Stops Collection Of Student Loan Debt

New York Governor Andrew Cuomo says he’s halting collection of student loan debt. Here’s what you need to know. Student Loans Effective immediately, Cuomo and New York Attorney General Letitia James say that New York state will temporarily halt the collection of student loan debt owed to the State of New York and referred to...

Posted by March 19, 2020May 27, 2020
Reduce Your Student Loan Payment If Your Income Dropped Because of Coronavirus
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Reduce Your Student Loan Payment If Your Income Dropped Because of Coronavirus

If you need to reduce your student loan payment because of the monetary catastrophe brought on by the Coronavirus, you’re not by yourself. We’re in an era like no other right now. Former Trump administration economist, Kevin Hassett, warned that the United States could lose up to 1 million jobs in March because of sharp...

Posted by March 19, 2020March 19, 2020