The Kamala Harris Student Loan Forgiveness for Entrepreneurs Plan

California Senator and Democratic Party presidential candidate Kamala Harris just proposed offering up to $20,000 in student loan forgiveness to Pell Grant recipients. Yesterday I announced that, as president, I’ll establish a student loan debt forgiveness program for Pell Grant recipients who start a business that operates for three years in disadvantaged communities. https://t.co/ldwuC9RiIE — […]

Want to Attract Talent? Offer a Student Loan Repayment Benefit

ALEXANDRIA, Va. — More than one-half of working Americans said employer-provided student loan repayment benefits would play a role in how they evaluate job opportunities, according to new research from the Society for Human Resource Management (SHRM). ” As the research shows, education assistance helps employers attract talented employees and build diverse teams to compete globally.”  –Emily […]

Republican Senator: Make Colleges Pay Half of Graduates’ Defaults

If a college or university alumni defaults on student loans, the college should pay at least half of the amount in default. That’s the premise of the latest student loan bill on the Senate floor, the Skin In The Game Act, courtesy of Senator Josh Hawley (R – Missouri). The bill would also prevent educational […]

Percentage of Employers Offering Student Loan Repayment Benefit Doubles

The percentage of U.S. employers who provide student loan repayment assistance to employees has doubled. Employers are now twice as likely to offer a student loan repayment benefit as they were just a year or two ago, according to a survey from the Society for Human Resource Management (SHRM). While SHRM data records the number […]

Maryland SmartBuy Program Will Pay Off Up to $40,000 in Student Loans If You Buy a House There.

The Maryland SmartBuy Program Looking to buy a home with student loan debt? Consider moving to Maryland. A government initiative there will pay off and eventually forgive up to $40,000 in student loan debt. The catch: You have to buy a home in Maryland. And you have to live in it for at least five […]

It’s 2019. Have you checked on your PSLF eligibility status?

Make sure your PSLF eligibility is on track at least every year. Don’t rely on people you’ve never met to win a lawsuit in order to qualify for public service loan forgiveness. You can’t control what happens in a courtroom, and you can’t control what a judge says. If you want to ensure you receive […]

Feds May Crack Down on Student Loan Fraud

This here is why we can’t have nice things. At least two of ‘y’all tried to reduce your monthly student loan payments by reporting a household size of 93. And the federal General Accounting Office is calling BS. That’s one of the more egregious findings from a recent GAO report. The gist: Thousands of student […]

Disabled Veterans May Receive Automatic Student Loan Forgiveness Under New Bill

‘FREED Vets Act’ Would Provide Average Benefit of $24,000 in Loan Forgiveness Per Eligible Disabled Veteran Nearly 34,000 disabled veterans may receive automatic and total forgiveness for federally-guaranteed student loans. That’s the object of new legislation introduced in the House. The bill, entitled the Federally Requiring Education Debt Discharges for Veterans Act, or FREED Vets […]

Teachers Union Sues Dept. of Education Over Denied Public Service Loan Forgiveness Claims

Imagine being a schoolteacher, cop, firefighter, social worker or some other public service worker with a big student loan debt. You went into the field a decade ago knowing the pay wasn’t the greatest. But you expected you’d be able to discharge your remaining student loan debt after ten years in public service. That was […]

Kamala Harris on Student Loan Debt

Kamala Harris on Student Loan Debt By most polls, California Senator and former state attorney general Kamala Harris is currently running third in the Democratic primary. She’s behind former Vice President Biden and Senator Bernie Sanders. She’s ahead of Massachusetts Senator Elizabeth Warren in some polls and behind in others.  We tackled Biden’s track long […]

Senator Bernie Sanders’ Student Loan Plan

Senator Bernie Sanders (I-Vermont) has rolled out his plan to address student loan debt, and it’s a doozy. First, Sanders proposes we cancel all $1.6 trillion of outstanding student loan debt outright – including both federal and private loans. This would directly affect about 45 million Americans. The direct savings for the average student loan […]

Student Loan Tax Elimination Act Introduced in Senate

A new bill in the Senate, the Student Loan Tax Elimination Act, would eliminate student loan origination fees on federal loans. If approved, the measure could save borrowers billions over the next five years. Supporters say that origination fees on student loans amount to a “hidden tax” on student loan borrowers. And since the Department […]