U.S. Department of Education August 20, 2021 Today, the U.S. Department of Education announced that the office of Federal Student Aid (FSA) has retroactively waived interest on loans held by more than 47,000 current and former active-duty service members. This action was made possible by a data-matching agreement with the U.S. Department of Defense (DOD) […]
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Committee on Education & Labor August 24, 2021 Today, Republican Leader of the Education and Labor Committee Virginia Foxx (R-NC) gave the following statement in response to the Education Department’s announcement that it will default to full forgiveness for defrauded student loan borrowers, abandoning the Trump administration’s partial-relief formula: “Devos’ formula balanced fairness for student […]
Read MoreNewsweek Tom Fish August 24, 2021 College can help students kick-start their chosen careers. While working hard to get good grades is key to gaining a great salary, certain U.S. colleges appear to offer an edge in potential earning power. Economic modelers have crunched the numbers by quantifying average wages across all alumni in its […]
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CECU August 24, 2021 Arlington, Va. — The U.S. Department of Education today announced that borrowers with successful borrower defense claims will be entitled to a rebuttable presumption of full student loan relief. This comes after a March 18, 2021, announcement that the Department was rescinding the 2019 guidance published by the Trump Administration and “adopting a streamlined […]
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