Biden cancels student loans for another 150,000 people: See who benefits

Biden cancels student loans for another 150,000 people: See who benefits

article FILE-President Joe Biden speaks during an event about student loan debt relief in Madison, Wisconsin, on Monday, April 8, 2024. (Daniel Steinle/Bloomberg via Getty Images) The Department of Education on Monday canceled loans for another 150,000 borrowers.   President Joe Biden has now overseen the cancellation of student loans for more than 5 million … Read more

Most BNPL loans made to subprime borrowers: CFPB

Most BNPL loans made to subprime borrowers: CFPB

The Consumer Financial Protection Bureau has found that the majority of buy now/pay later loans were made to subprime borrowers that have high credit card balances and multiple loans. The CFPB’s research, which was released Monday, comes after the CFPB issued an interpretive rule last May that requires BNPL lenders to provide the same consumer … Read more

Refinancing vs. Consolidation: Smart Strategies for Managing Student Loan Rates

Refinancing vs. Consolidation: Smart Strategies for Managing Student Loan Rates

How to Manage Student Loan Interest Rates Student loan interest rates directly impact the cost of borrowing money for school. For the 2023-2024 academic year, federal interest rates for direct subsidized and unsubsidized loans for undergraduates were set at 5.50%. Understanding these rates and your options for managing student loans can help you make better … Read more

Jewish Organization Offers Interest-Free, Zero-Fee Loans to All Victims of Los Angeles Wildfires

Jewish Organization Offers Interest-Free, Zero-Fee Loans to All Victims of Los Angeles Wildfires

A damaged fireplace stands amid the remains of a devastated home, as the Eaton Fire continues, in Altadena, California, US, Jan. 13, 2025. Photo: REUTERS/Shannon Stapleton The Jewish Free Loan Association (JFLA) is offering families and individuals affected by the Los Angeles wildfires, regardless of their race or religion, zero-interest and zero-fee loans up to … Read more

150,000 borrowers have student loans canceled Monday

150,000 borrowers have student loans canceled Monday

WASHINGTON — In a last-minute action on Monday, the Education Department canceled student loans for 150,000 borrowers. The cancellations are through programs that existed before President Joe Biden took office. His administration expanded those programs and used them to their fullest extent, pressing on with cancellation even after the Supreme Court rejected Biden’s plan for … Read more

Biden uses loophole for defiant last act on student loans – as total forgiveness cost hits $183 billion

The Biden administration has canceled more than $183.6 billion in student loan debt during his first term despite legal roadblocks

In his final hours at the White House, President Joe Biden announced the cancellation of student debt for another 150,000 borrowers. While he was unable to deliver on his promise of broad student loan forgiveness, President Biden has overseen the cancellation of student debt for more than 5 million Americans – more than any other … Read more

Millions have had student loans canceled under Biden — despite the collapse of his forgiveness plan

Download app from appStore

WASHINGTON (AP) — Despite failing to deliver his promise for broad student loan forgiveness, President Joe Biden has now overseen the cancellation of student loans for more than 5 million Americans — more than any other president in U.S. history. In a last-minute action on Monday, the Education Department canceled loans for 150,000 borrowers through … Read more

Charlotte FC Reacquires Pep Biel on Loan From Olympiacos

Charlotte FC Reacquires Pep Biel on Loan From Olympiacos

Midfielder returns to CLTFC after successful loan spell in 2024 CHARLOTTE, NC (Monday, January 13, 2025) – Charlotte FC today announced the Club has acquired Spanish attacking midfielder Pep Biel from Olympiacos on loan until August 1, 2025. Biel returns to the Club after featuring 11 times across all competitions where he scored two goals … Read more

Delaney: Spurs investigating Rashford loan

Delaney: Spurs investigating Rashford loan

Manchster United’s Marcus Rashford is almost certainly moving SOMEWHERE this spring, but it remains to be seen where. According to Miguel Delaney, Tottenham Hotspur are one of two Premier League clubs that have sounded out a possible loan deal for the want-away forward until the end of the season, but there’s significant interest for him … Read more