News about student loan

NEWS: The Biden-Harris Administration has announced $6.1+ billion in automatic student loan relief to nearly 317,000 borrowers who enrolled at any Art Institute campus from January 1, 2004 to October 16, 2017. ED found that The Art Institutes and its parent company, Education… pic.twitter.com/uTTCO3zxlC

Less than 3 weeks after my hearing on @MOHELA, @usedgov took critical action to protect Americans from the student loan servicer's failures.   There is more that ED can do to hold MOHELA accountable, but today’s action is an important first step. www.businessinsider.com/student-loan-borrowers-being-transferred-from-mohela-to-new-servicers-2024-4

People are wondering if they should consolidate their student loans before the April 30 deadline. The answer is yes!!! Do so here ASAP. It takes 10 min: studentaid.gov/loan-consolidation/ Here is a thread with answers to common questions we are seeing 🧵

It shouldn’t take a 1.5 years to access PSLF or any other student debt relief program. @aftunion member Kathleen’s story is an example of what many borrowers face when servicing companies like MOHELA fail to deliver borrower rights. #FireMOHELA pic.twitter.com/CwmXaJ9xIK