During oral arguments on Feb. 28, conservative members of the Supreme Court seemed skeptical of Biden administration statements that the government’s plan to partially forgive student loans is authorized by federal law. The Defense Department’s inspector general and other Pentagon officials testified on oversight of U.S. military aid to Ukraine before the House Armed Services…
LIVE NOW: NTD Evening News (Feb. 28): SCOTUS Skeptical of Biden Student Loan Cancellation Plan; Pentagon Officials Testify on Ukraine Aid
NTD Evening News (Feb. 28): SCOTUS Skeptical of Biden Student Loan Cancellation Plan; Pentagon Officials Testify on Ukraine Aid
During oral arguments on Feb. 28, conservative members of the Supreme Court seemed skeptical of Biden administration statements that the government’s plan to partially forgive student loans is authorized by federal law. The Defense Department’s inspector general and other Pentagon officials testified on oversight of U.S. military aid to Ukraine before the House Armed Services…
The Student Loan Debacle: Hurting Students, Abusing Taxpayers
Commentary Americans generally value education highly. They see education as opening doors of opportunity and as crucial to both individual and social progress. Far-seeing and generous colleges have long made scholarships available to students who otherwise wouldn’t be able to afford a college education. Private lending institutions used to extend loans to economically disadvantaged youth…
Looking for a Student Loan Interest Deduction? You May Still Qualify
February 15, 2023
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During the pandemic, students who had government student loans did not need to make any loan repayments. The interest was also stopped from accumulating, beginning Mar. 13, 2020. At the same time, borrowers were able to deduct interest paid on their loans up to $2,500 per year from their taxes. Last year, President Joe Biden…
New Student Loan Rule to Cost $361 Billion; Study Shows Debt Forgiveness Benefits the Wealthy
A new rule proposed by the Department of Education could cost up to $361 billion over the next decade, while a separate study says President Joe Biden’s landmark student loan forgiveness plan benefits the wealthy. The White House recently confirmed that more than 16 million people were approved for its student loan forgiveness program. Since…
Shopping Spree 101: How Refunds of Federal Loan Overpayments Leave Student Borrowers With Your Money to Burn
For many college students, one of the most exciting events in a new semester is not listed on their school’s calendar: Refund Day. Although the day differs on various campuses, the windfall result is the same: That’s when the millions of students currently taking out federal college loans find out how much of their approved…
How to Change Your Money Mindset in 2023, According to This Couple Who Paid Off More Than $100,000 in Debt
January 3, 2023
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By Amanda Breen It was 2017, the year before they got married, when Ali and Josh Lupo took a serious look at their finances—and realized they owed more than $100,000 in student loans. Despite working long, hard hours in human services, the couple was still living paycheck-to-paycheck, unsure how they’d afford a wedding or pay…
Subsidized vs. Unsubsidized Student Loans: Which One Is Better? Here’s What You Need to Know.
By Entrepreneur Staff A college education in the United States might be expensive, but it’s still accessible to many American students thanks to federal student loans. The only problem: It can be tough to know which student loans to choose from, mainly subsidized vs. unsubsidized student loans. If you’re unsure what to borrow or the…
NTD Good Morning (Nov. 23): McCarthy Demands Mayorkas Resign and Threatens Impeachment; Biden Extends Student Loan Payment Pause
House Minority Leader Kevin McCarthy visits the Southern border and is calling for Secretary of Homeland Security Alejandro Mayorkas to quit. He promises an investigation and impeachment proceedings if he does not. We bring you more on McCarthy’s statements on Nov. 22. President Biden has some news for those with Federal Student loans. Find out what…
Graduates No Longer Have to Repay Student Loans Until Making Over $40,000
Canadian graduates earning under $40,000 a year will no longer have to repay their government-issued student loans until after they have a higher income, the federal government announced Tuesday. “Graduates will not have to start repaying their federal loans until they earn at least $40,000 per year and maximum payments will also be lowered from…
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