A possible short term solution for funding the government, senate minority leader Mitch McConnell today says republicans will help raise the debt limit, but just for two months. The federal student loan forgiveness program is getting a major overhaul. The department of education says these changes could help thousands of people working in government and…
Student Loan Forgiveness Program Gets Overhaul, Promises $1.74 Billion Relief for 22,000 Borrowers
The Biden administration on Wednesday unveiled details of a major overhaul of the Public Service Loan Forgiveness (PSLF) program, making it easier for long-time public-sector workers to qualify for student loan debt relief. Congress created the PSLF program in 2007 to encourage college graduates to pursue public service careers. Borrowers who are employed 10 years…
Biden Admin to Eliminate $5.8 Billion in Federal Student Debt for Borrowers With Disabilities
The Biden administration on Thursday said it will discharge more than $5.8 billion in student loans, a move that aims to help ease the financial burden on hundreds of thousands of borrowers who have permanent disabilities. According to the announcement by the Department of Education, those classified as totally and permanently disabled (TPD) by the…
27-Year-Old Journalist Pays Off $30,000 in Student Debt in Just 3 Years, and Here’s How She Did It:
As many college grads may know, student debt is no laughing matter. So when one journalist from Columbus, Ohio, paid off $30,000 in student loans in just three years, she sympathized with others’ financial woes and opted to share how she got out of debt so quickly. Dominique Jackson, who has now become a debt-slaying internet…
NTD Business Full Broadcast (Feb. 8)
Bitcoin surges on Monday thanks to Tesla CEO Elon Musk. Could this be the turn for it to be widely accepted? Treasury secretary Janet Yellen thinks Biden’s massive stimulus plan will end unemployment. Lance Roberts, chief strategist at Real Investment Advice thinks differently. Is canceling student debt a good idea? NTD takes a look at how…
What the Student Loan Payment Relief Extension Means for You
You guys, we all know 2020 was insane. But here’s some good news: You may not need to make student loan payments until October of this year because the student loan relief that came from the CARES Act has been extended through Sept. 30, 2021. Let’s talk about what this actually means so you know what’s…
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