Account Recovery

APRIL 4, 2022

The Consumer Financial Protection Bureau on Thursday announced an enforcement action against a student loan servicing company, fining it $1 million for allegedly making deceptive statements to borrowers and misrepresenting the forgiveness and repayment options related to the Public Service Loan Forgiveness program.

Student loans 183

Student loans Student Loans Loans 183

Nexa Collect

JUNE 30, 2023

On 30 June 2023, the Supreme Court of USA ( SCOTUS), strikes down the Student Loan Forgiveness program proposed by the Biden administration. This could have tremendously helped borrowers but was unfair to taxpayers and students who paid their fees on time. This can have long-term demographic and economic impacts.

Student loans 130

Student loans Student Loans Loans Education 130

Account Recovery

SEPTEMBER 18, 2020

have announced a resolution that aims to cancel $50,000 of student loan debt for all federal student loan borrowers. The resolution calls on President Trump “to take executive action” to forgive the debt as a means of helping individuals during the coronavirus pandemic. Elizabeth Warren [D-Mass.],

Student loans 246

Student loans Student Loans Loans 246

Account Recovery

JUNE 22, 2021

A majority of Americans are in favor of blanket student loan forgiveness, according to the result of a nationwide survey released last week.

Student loans 211

Student loans Student Loans Loans Education 211

Account Recovery

OCTOBER 17, 2022

MVN Not a Requirement, Judge Rules; More Americans Favor Medical Debt Forgiveness Over Wiping Out Student Loans appeared first on AccountsRecovery.net. … The post Daily Digest – October 17.

Student loans 246

Student loans Student Loans Loans Collection Agencies 246

Nerd Wallet

OCTOBER 7, 2021

Department of Education is expected to immediately wipe the slate clean for 22,000 student borrowers seeking Public Service Loan Forgiveness and speed the process for at least 500,000 more. It’s not the broad student loan forgiveness borrowers may be dreaming of. Instead, it’s the latest example of the.

Student loans 134

Student loans Student Loans Loans Education 134

Account Recovery

AUGUST 16, 2023

Judge Recommends Denying Plaintiff’s Motion for Default Judgment Judge Dismisses Suit Challenging Student Loan Forgiveness Plan Majority of Americans Still Living Paycheck-to-Paycheck: Report 22 Companies Seeking Collection Talent WORTH NOTHING: Patients don’t appear to have any problems allowing AI into the examination room … A 13-year-old (..)

Student loans 130

Student loans Student Loans Judgment Loans 130

Account Recovery

AUGUST 7, 2023

Judge Grants MTD in FDCPA Case With ‘Patently Frivolous’ Arguments Suit Challenges New Student Loan Forgiveness Plan Data Breaches Spike in United States During 2Q Compliance Digest – August 7 WORTH NOTHING: Tomorrow’s Mega Millions could be the biggest jackpot ever … Healthy habits that may be the secret to living longer … (..)

Student loans 130

Student loans Student Loans Loans 130

Account Recovery

APRIL 9, 2021

Judge Partially Grants MTD in Class-Action; Bill Introduced to Forgive Healthcare Workers’ Student Loans appeared first on AccountsRecovery.net.

Student loans 236

Student loans Student Loans Healthcare Fair Debt Collection 236

Consumer Finance

MAY 2, 2022

Numerous student loan borrowers recently submitted complaints to the Consumer Financial Protection Bureau (CFPB) about companies that promised them student loan forgiveness or loan forbearance in exchange for fees amounting to hundreds or thousands of dollars. This is fraud.

Student loans 145

Student loans Student Loans Loans Education 145

Nerd Wallet

FEBRUARY 26, 2021

Student loan scammers have a brand-new hook: “Biden student loan forgiveness” or “stimulus forgiveness.” The extended pause on federal student. The extended pause on federal student. The article If a Stranger Offers You Student Loan Forgiveness, Hang Up originally appeared on NerdWallet.

Student loans 131

Student loans Student Loans Loans 131

Nerd Wallet

MARCH 15, 2021

The tax break on college debt cancellations in the COVID-19 relief package signed last week by President Joe Biden has removed a potential roadblock to forgiving student loan debt: taxes. Under one of the existing forgiveness programs (income-driven repayment), Anna Helhoski writes for NerdWallet. 31, 2020, to Jan.

Student loans 131

Student loans Student Loans Loans 131

Nerd Wallet

JUNE 8, 2022

For Kristi Cruz, a legal aid attorney in Seattle, checking her federal student aid account to see if her debt would be discharged through the Public Service Loan Forgiveness program became a compulsion. The article How a Legal Aid Attorney Got Student Loan Forgiveness originally appeared on NerdWallet.

Student loans 93

Student loans Student Loans Loans 93

Nerd Wallet

NOVEMBER 30, 2020

President-elect Joe Biden’s proposal to forgive $10,000 of federal student debt as COVID relief could erase loan balances for 15 million borrowers and reduce balances for millions more, according to federal data. Broad student loan forgiveness could affect 45.3 Broad student loan forgiveness could affect 45.3

Student loans 134

Student loans Student Loans Loans 134

Credit Corp

JULY 14, 2023

As of Friday, July 14, however, the Biden-Harris Administration announced that over 804,000 borrowers will have a total of $39 billion in federal student loans automatically forgiven in the coming weeks. 1] Why Are These Loans Being Forgiven? But what does that mean for you? appeared first on Credit.com.

Student loans 75

Student loans Student Loans Loans Education 75

Account Recovery

JANUARY 22, 2024

The federal government on Friday announced it had approved the forgiveness of $4.9 billion of unpaid student loans for 73,000 individuals as a result of adjustments to the income-driven repayment (IDR) forgiveness and Public Service Loan Forgiveness (PSLF) programs. billion of student loans for 3.7

Student loans 130

Student loans Student Loans Loans Government 130

Roths Child Law

NOVEMBER 16, 2020

Many college graduates in Tennessee are struggling with student loan repayments, and you might be among them. Is public service loan forgiveness for you? This came after a court decision that stated that the DOE could not change the terms of the public service loan forgiveness plan retroactively.

Loans 98

Loans Chapter 7 bankruptcy Student loans Student Loans 98

Collection Industry News

MARCH 22, 2024

In his State of the Union address Thursday night, President Joe Biden talked up his administration’s work to forgive the student debt of nearly 4 million people. The loan servicers weren’t keeping track of the number of qualifying payments,” Kantrowitz said in a previous CNBC interview. It has now canceled debt for almost 3.9

Student loans 40

Student loans Student Loans Loans Education 40

Nerd Wallet

FEBRUARY 1, 2022

Student loan forgiveness through income-driven repayment sounds like the best of all worlds: a monthly payment sized to match your paycheck that disappears — along with any remaining balance — after a set number of years. Anna Helhoski writes for NerdWallet. Anna Helhoski writes for NerdWallet. Email: anna@nerdwallet.com.

Student loans 80

Student loans Student Loans Loans 80

Account Recovery

MARCH 25, 2024

The federal government last week announced it had forgiven an additional $6 billion of student loan debt for 77,000 individuals under the Public Service Loan Forgiveness program, while also notifying 380,000 other public service workers that they are on track to have their loans forgiven within the next two years.

Loans 130

Loans Student loans Student Loans Government 130

Collection Industry News

DECEMBER 6, 2023

The Biden administration announced Wednesday that it would forgive an additional $4.8 billion in student loan debt, for 80,300 borrowers. Department of Education’s fixes to its income-driven repayment plans and Public Service Loan Forgiveness program. billion in loan cancellation, the U.S. million Americans.

Student loans 40

Student loans Student Loans Loans Education 40

Account Recovery

APRIL 15, 2024

billion in student loan debt relief for nearly 300,000 borrowers, many of whom were signed up for the administration’s new income-driven repayment program. The administration touted that this latest round of relief raised the total loan forgiveness to $153 billion, for more […]

Student loans 147

Student loans Student Loans Loans Government 147

Nerd Wallet

JUNE 10, 2021

Each passing day brings 43 million federal student loan borrowers closer to resuming the payments that have been paused since March 2020 — and further from the chance that life-changing loan forgiveness is coming anytime soon. Student debt, now at $1.7 The article Can Student Loan Forgiveness Still Happen?

Student loans 59

Student loans Student Loans Loans 59

Collection Industry News

AUGUST 8, 2022

Republicans have proposed a blockbuster new plan for student loan forgiveness. Here’s what you need to know — and what it means for your student loans. Student Loans President Joe Biden is days away from announcing his decision on broad student loan forgiveness. prevent the U.S.

Student loans 40

Student loans Student Loans Loans Education 40

Troutman Sanders

NOVEMBER 14, 2022

The Biden administration’s student loan forgiveness program is on hold indefinitely after a Texas federal court issued its decision , finding the program to be unconstitutional. Plaintiffs Myra Brown and Alexander Taylor both have student loans. First, the HEROES Act does not mention loan forgiveness.

Student loans 52

Student loans Student Loans Loans Education 52

Collection Industry News

JUNE 22, 2023

Supreme Court handed President Joe Biden a painful defeat on Friday, blocking his plan to cancel $430 billion in student loan debt – a move that had been intended to benefit up to 43 million Americans and fulfill a campaign promise. WASHINGTON, June 30 (Reuters) – The U.S Secretary of Education Miguel Cardona.

Student loans 40

Student loans Student Loans Loans Education 40

Nerd Wallet

FEBRUARY 1, 2022

Income-driven repayment plans — a safety net within the federal student loan repayment system touted as a solution for federal borrowers struggling to pay back their loans — promises lower monthly payments and forgiveness after 20 or 25 years. Among those who do eventually. Among those who do eventually.

Student loans 70

Student loans Student Loans Loans 70

Better Credit Blog

JULY 12, 2021

Student loans are a pressing issue for so many people who have put themselves through college and other higher education. Luckily, there are options for student loan forgiveness—which can wipe away some or all of what you owe. What is student loan forgiveness? The big federal loans.

Student loans 52

Student loans Student Loans Loans Education 52

Nerd Wallet

JANUARY 12, 2021

Federal student loan borrowers are waiting with bated breath to see whether loan forgiveness — which President-elect Joe Biden says he’ll make a priority — becomes a reality. I think we’re closer to loan forgiveness than we’ve ever been before, but that doesn’t mean I think we’re. Email: anna@nerdwallet.com.

Student loans 70

Student loans Student Loans Loans 70

Nerd Wallet

APRIL 23, 2021

The odds you’ll get student loan forgiveness are generally low since the vast majority of borrowers fail to meet one or more of the federal government’s requirements for eligibility. The article What Are the Odds I’ll Get Student Loan Forgiveness? Anna Helhoski writes for NerdWallet. Twitter: @AnnaHelhoski.

Student loans 60

Student loans Student Loans Loans 60

Collection Industry News

JUNE 13, 2022

Department of Education is not ready for student loan forgiveness — a top lawmaker says — and the results could be a disaster for student loan borrowers. . Here’s what you need to know — and what it means for your student loans. Student Loans. Student loan forgiveness: 7 questions.

Student loans 40

Student loans Student Loans Education Loans 40

Collection Industry News

JANUARY 5, 2023

Student loan borrowers are starting 2023 with a lot of uncertainty. The fate of President Joe Biden’s major student loan forgiveness program lies with the US Supreme Court , and it could be as late as summer before the justices rule on whether the policy can take effect.

Student loans 40

Student loans Student Loans Loans Education 40

Account Recovery

FEBRUARY 21, 2022

The Consumer Financial Protection Bureau has launched another flare into the night sky, this time warning student loan servicers about making sure they are not making misrepresentations or making deceptive statements with respect to the Public Service Loan Forgiveness program, which offers individuals the opportunity to have their student loan debts (..)

Student loans 245

Student loans Student Loans Loans 245

Collection Industry News

JUNE 5, 2022

senators have proposed major changes to student loan forgiveness. Here’s what you need to know — and what it means for your student loans. Student Loans. billion of student loan cancellation , which is the largest amount in U.S.

Student loans 40

Student loans Student Loans Loans Education 40

Collection Industry News

OCTOBER 21, 2022

Livingston County residents and others across the state are reminded to beware of scammers looking to take advantage of the Federal Student Loan Debt Forgiveness Program. Department of Education has made available the application for student loan debt relief announced by the Biden Administration.

Student loans 40

Student loans Student Loans Loans Education 40

Collection Industry News

MAY 3, 2022

A number of people in the so-called “boomer” generation have hit out at President Joe Biden ‘s reported plans to forgive some student loan debt for millions of people. The move to cancel student debt has been long called for by the progressive sections of the Democratic party. Forgive credit card debt?

Student loans 40

Student loans Student Loans Loans Accrued Interest 40

Troutman Sanders

DECEMBER 2, 2022

Supreme Court to vacate the Eighth Circuit injunction temporarily pausing the administration’s student loan forgiveness program. On November 22, the administration announced it would be extending the student loan repayment pause, which was set to expire at the end of the year.

Student loans 52

Student loans Student Loans Loans Judgment 52