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Stacy Cowley
Posts
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.
Education Department Expands Student Loan Relief Programs
A lengthy set of rule changes will reduce the total cost for many federal student loan borrowers and ease rules for debt elimination.
Deadline Nearing, White House Plans Wider Changes to Public Service Student Loan Relief
Loan servicers are overwhelmed with calls from applicants seeking to meet an Oct. 31 deadline for taking advantage of temporary changes to a long-troubled aid…
Appeals Court Temporarily Halts Biden’s Student Debt Relief Plan
A federal appeals court temporarily halted President Biden’s debt relief plan, preventing the government from moving forward with the debt cancellation it had said could…
Appeals Court Finds Consumer Bureau’s Funding Unconstitutional
The decision, expected to be appealed, could upend every regulation and enforcement action the bureau has issued.
Government Starts Taking Applications for Student Debt Cancellation
The Education Department said it was “beta testing” a form that it intends to use to eliminate millions of federal student loans.
Wells Fargo’s Scandals Drag on Profit as It Braces for a ‘Slowing Economy’
The bank’s earnings took a $2 billion hit, bringing its profit down to $3.5 billion in the third quarter.
Elizabeth Warren Singles Out Wells Fargo for ‘Alarming Pattern’ of Zelle Fraud
Customers’ claims have risen sharply in recent years and exceed the rate reported by other large banks, the senator said in a letter to the…