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Student Loan Delinquencies Could Return to Pre-Pandemic Rate When Payments Resume. What Borrowers Can Do Now
“Serious delinquency rates for student debt could snap back from historic lows,” wrote Lowell Ricketts of the Federal Reserve Bank of St. Louis.
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Student Loan Debt Hurts the Mental Health of Most Borrowers, Survey Finds
Most borrowers, 62%, say student loan debt negatively affected their mental health, according to the Invest in You Student Loan Survey conducted by Momentive.
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California Program Will Pay College Kids $10,000 for a Year of Volunteer Work — and It Could Be ‘Replicated Across the Nation'
“We hope the Corps will be replicated across the nation,” said California Governor Gavin Newsom in a statement.
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BPS Students Walk Out to Demand Remote Learning
A group of Boston Public School students walked out Friday over COVID safety concerns, calling for a temporary return to remote learning. They also want more COVID-19 safety protocols to be in place.
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Biden Administration Extends the Student Loan Pause Through May 1—But Advocates Call for All Student Debt to Be Canceled
“Next, the Biden administration should permanently relieve this financial burden on families … to eliminate all federal student debt,” says The Debt Collective.
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More Than 60% of Voters Support Some Student Loan Debt Forgiveness
62% of voters support forgiving at least some student loan debt, according to a poll.
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Why Some Experts Say Biden Should Extend the Federal Student Loan Pause: ‘The Government Does Just Fine Without Our Money'
The nationwide pause on federal student loans could soon come to an end. Here’s why some experts say it’s too soon to restart those payments.
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Biden Appears Unlikely to Extend the Student Loan Pause—Here's How Borrowers Can Prepare Right Now
“41 million borrowers have benefitted from the extended student loan payment pause, but it expires February 1.”
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Millions of Jobs Qualify for Public Service Loan Forgiveness — Here's How to Know If Yours Does
“The ‘public service’ sector is much larger than people think.”
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Just 50% of the College Class of 2020 Had Traditional Full-Time Jobs 6 Months After Graduation
“2020 graduates had the worst outcomes since we began tracking with the Class of 2014.”
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5 Things You Need in Order to Qualify for Public Service Loan Forgiveness
The program is designed to give student debt relief to borrowers who work in public service.
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You're More Likely to Have Your FAFSA Verified Than to Have Your Taxes Audited—Here's Why
Students can complete Free Application for Federal Student Aid, known as the FAFSA, for their share of $150 billion in federal student aid.
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One Solution to the Labor Shortage: Teenagers
Amid a nationwide labor shortage, businesses are hiring more teenagers and paying them more than ever before.
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3 Things Student Loan Borrowers Should Know Before the End of the Year
Student loan borrowers should prepare for several changes in the new year.
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College Tuition Increased at Historically Low Rates This Year
According to the College Board, average tuition prices increased at historically low rates this year.
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Education Secretary Cardona: the Biden Administration Is Still ‘Examining Loan Forgiveness'
On Tuesday, Education Secretary Miguel Cardona told The Atlantic student loan forgiveness conversations are continuing.
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Former Stanford Admissions Officer: ‘Well-Rounded Is Not Enough'—Here's How to Really Stand Out
“Being well-rounded is not enough. And often, students who are a little bit more well-lopsided, or angular, fare better in the admissions process.”
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Millions of Borrowers Are Set to See a Student Loan Service Change—Here's What to Do If You're One of Them
By the end of the year, nearly 10 million borrowers will have their student loans switched from one servicer to another.
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Nearly 10 Million Borrowers Are About to See a Change in Student Loan Service — Here's What That Means, the Good and Bad
Nearly 23% of the country’s 42.9 million total borrowers will have their loans changed hands.
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Education Secretary Cardona: ‘We're Going to Continue Conversations Around Loan Forgiveness'
The Biden Administration has provided over $9.5 billion of student loan relief in seven months. Roughly $1.7 trillion of student loans remain.