Tag: Debt Forgiveness

Students

Wilberforce University Forgives $375,000 in Student Debt and Fines 2020 and 2021 Graduates

Wilberforce University announced during spring graduation that it is clearing $375,000 in debt and fines owed by graduates from spring 2020 through those who graduated on Saturday, Dayton Daily News reported. The commencement ceremony was for the classes of 2020 and 2021 and 166 students graduated. “As these graduates begin their lives as responsible adults, […]

June 1, 2021

COVID-19

Large-Scale Debt Forgiveness May Benefit High Income Borrowers: Higher Ed Associations

The American Council on Education and 31 other higher education institutions on Monday wrote to Congress saying it should be careful pursuing any large-scale student debt forgiveness measures in response to the coronavirus pandemic because they may end up benefitting high income and other borrowers who don’t require such help. “… any debt relief program […]

April 20, 2020

COVID-19

How Do Joe Biden and Bernie Sanders Compare on the Student Debt Crisis

Coming to the end of a long winnowing process, now only two Democratic presidential candidates remain, Sen. Bernie Sanders and former Vice President Joe Biden. Their plans for higher education policy differ in clarity and breadth, experts say, at a time when higher education policy may be more critical to voters than ever, as universities, their students and graduates prepare for an economy impacted by the coronavirus.

April 5, 2020

Students

Report Gauges Support for Student Loan Forgiveness Across Political Lines

The combination of a coronavirus-halted economy, an upcoming election and an ever-mounting student debt crisis has thrust the topic of student loan forgiveness to the forefront of the national conversation in recent weeks. But just who — and who doesn’t —  support student loan forgiveness? The answer may not be as bipartisan as previously assumed, suggests a study published by College Finance.

April 2, 2020

Students

Settlement with For-Profit Will Omit Collecting Millions in Student Debt

Iowa Attorney General Tom Miller recently announced that under a new nationwide settlement with Career Education Corp., a for-profit education company, hundreds of Iowa students will receive over $1.4 million in debt relief. Under the settlement, Career Education Corp. (CEC) will omit collecting $493.7 million owed by 179,529 students around the nation, according to the Des […]

January 11, 2019