repayment
A top education official has a message for millions of student-loan borrowers: Don’t count on student-loan forgiveness. Loading audio narration… During a conversation at the conservative think tank American Enterprise Institute on Thursday, Undersecretary of Education Nicholas Kent said the administration’s key focus is ensuring that borrowers are repaying their…
Ashley Grupe’s monthly student-loan payments have been $54 for the past three years. This fall, they’ll likely surge to $644. Loading audio narration… “When I saw that number, I just froze,” the 34-year-old told Business Insider. “That’s ‘I need a second job’ kind of money.”Grupe’s payments are skyrocketing after former…
Legal action over a key student-loan repayment plan continues to mount — and this time it’s about debt relief.On Monday, four student-loan borrowers, represented by law firm Public Goods Practice, filed a lawsuit against the Department of Education calling for “immediate” relief for borrowers enrolled in the SAVE plan.The SAVE…
