White House Extends Pause on Student Loan Payments
The Biden administration said it will hold off on collecting payments to give courts time to rule on lawsuits that have blocked the president’s debt cancellation plan.
Posted inBiden, Joseph R Jr Congressional Budget Office Decisions and Verdicts Iowa Kansas Missouri Nebraska South Carolina Student Loans Suits and Litigation (Civil)
Appeals Court Blocks Biden’s Student Debt Cancellation Plan
The decision comes days after the government temporarily stopped accepting applications for the debt relief because of legal challenges.
Posted inBiden, Joseph R Jr Decisions and Verdicts Education Department (US) Executive Orders and Memorandums Job Creators Network Student Loans Suits and Litigation (Civil) United States Politics and Government
Texas Judge Strikes Down Biden’s Student Debt Cancellation
The ruling adds to the legal obstacles the president faces in his plan to cancel up to $20,000 per borrower in federal student loan debt.
Posted inCredit Cards Federal Reserve System Interest Rates Mortgages Personal Finances Student Loans
What Fed Rate Increases Mean for Mortgages, Credit Cards and More
Savers will benefit and borrowers can expect to pay more on credit cards, student loans and other forms of debt.