News Topic: student loans
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Student loan delinquencies are likely to see ‘meaningful rise,’ New York Fed says
Buy now/pay later is latest form of ‘shadow student debt’: Report
Student-loan defaults risk snapping back to highs, Fed analysis shows
PSLF update
At last report , the US Education Department has discharged 38,000 student loans under the limited waiver program to increase Public Service Loan Forgiveness approvals. US ED does not report comprehensive data, but piecing together several reports , this ... Read full article
Navient to pay $1.85 billion to settle deceptive lending charges
A Better Way to Deal with Student Loan Debt
My Georgetown colleague Jake Brooks and I have an op-ed in Politico about the best way to address the student loan debt problem. We argue that existing proposals for outright student debt relief, whether $10k, $50k, or everything, are problematic, at ... Read full article
Biden extends student loan payment pause after virus surges
Student loan forgiveness outcry rises as Biden lets moratorium expire
NCBJ 2021: Legislative Wish Lists and Realities
ED announces PSLF overhaul, aims to boost 2% approval rate
Education Department Secretary Cardona today announced a remarkably bold, yet sadly incomplete, emergency suspension of regulatory barriers to the Public Service Loan Forgiveness program. ... Read full article
Sequoia-backed financial-aid startup Mos debuts debit card
California announces deal to treat fintech's ISAs as student loans
Thoughts on Student Loans and the FRESH Start Act
A new bill from Senators Durbin and Cornyn promises a way out of student loan debt through a change in the bankruptcy laws. The Fresh START Through Bankruptcy Act of 2021 makes one principal change. After 10 years from the date they first came due, ... Read full article
Second Circuit Says Student Obligation Was Not Excepted From Discharge
Congress has made it very difficult to discharge a student loan. However, as illustrated by a recent decision from the Second Circuit, not all obligations owed by students in connection with their schooling are excepted from discharge. Homaidan v. Sallie ... Read full article
The Department of Education Can Help With Student Loans in Bankruptcy
With the Second Circuit's decision last week regarding private student loans, student loan discharge in bankruptcy is in the news. As Slipster Adam Levitin blogged , the "big picture" effect of this decision--and the 5th and 10th ... Read full article
Second Circuit Holds Many Private Student Loans Are Dischargeable in Bankruptcy
The 2d Ci ... Read full article
Can banks allay concerns about emerging student loan product?
Student loan servicers fear 1-2 punch from CFPB, Education Dept.
Fintech helps small banks, credit unions break into student lending