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How the HEALS Act Compares to the HEROES Act
Two proposals — one from the House, one from the Senate — take vastly different approaches to coronavirus stimulus.
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Coronavirus Relief Bill Makes It Easier for Companies to Pay Down Workers' Student Loans
The latest stimulus package gives companies a tax incentive to pay off their employees’ student loans. Here are the details.
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Making the Case for President-Elect Biden to Cancel All Student Debt
Attorney and former Democratic candidate for Congress Qasim Rashid made the case in an NBC News opinion column for why the Biden Administration should ask Congress for a bill to cancel all student debt. Rashid joined LX News to explain how canceling student loans would benefit all aspects of the economy and why our higher education system needs to be...
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U.S. Student Debt Has Increased by More Than 100% Over the Past 10 Years
In 2020, Americans collectively owed over $1.7 trillion in student debt for the first time.
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New Coronavirus Stimulus Bill Does Not Include Student Loan Relief—Mandatory Payments Are Set to Resume in February 2021
If the pause is not extended, student loan borrowers will be required to resume making payments in February of 2021.
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The Budget Breakdown of a Teacher Earning $58,000 a Year Who Paid Off Her Student Loans and Bought a House in Dallas
Lani Huang, 25, has achieved some major milestones in a few short years: She paid off her student loans, moved to a new state and bought her first house.
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House Democrats Propose Forgiving Up to $50,000 in Student Debt—Here's What's in the Resolution
The resolution recommends that President-elect Biden use his executive authority to offer significant student debt forgiveness.
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How to Calculate How Much You Are Paying in Student Loan Interest Each Month
Just follow these three steps to estimate how much you pay.
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Despite Covid Cases Rising, More Colleges Plan to Reopen in the Spring
A steep drop in enrollment has caused many colleges and universities to reconsider remote learning.
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How This 24-Year-Old Who Makes $100,000 and Lives With Her Parents Spends Her Money
Kristina Truong moved in with her parents after graduating from college so she could pay off her student loans faster. Now, she’s saving up for her own house.
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For 42 Million Student Loan Borrowers, Monthly Payments Will Resume in January
The pause on student loan payments that started in March due to COVID-19 is set to end in December, meaning regular bills will resume for 42 million borrowers.
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Student Loan Forgiveness May Come With a Tax Bomb. How Lawmakers Might Fix It
Generally, when a debt is canceled, you can expect to owe taxes. How might this look if student loan balances are forgiven?
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Biden Says Canceling Student Loan Debt Is Still on the Table
President-Elect Joe Biden was asked Monday if student loan debt cancellation figured into his economic recovery plan. “It does figure in my plan,” Biden said. “The legislation passed by the Democratic House calls for immediate $10,000 forgiveness of student loans… It should be done immediately.”
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Chuck Schumer Says Biden Could Forgive $50,000 in Student Debt With Executive Order
“We believe that Joe Biden can do that with the pen as opposed to legislation.”
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Judge Slams DeVos for Rejecting 94% of Loan Relief Claims
A federal judge is demanding answers after the U.S. Education Department rejected 94% of claims for student loan forgiveness it had agreed to process after being sued over delays.
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Vote, If You Don't Love the Idea of Paying Off Student Loan Debt for the Rest of Your Life
Do you have money to burn on your student loans? Does your debt keep you warm at night? If so, this video isn’t for you. But for the rest of us, the policies of the next president will help determine if we get a break on student loan debt or if it continues to be our country’s trillion dollar problem....
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What a Biden or Trump Presidency Could Mean for Your Student Loans
Did someone say free college? Or canceled student loans? The $1.6 trillion student debt crisis was a major flashpoint during the Democratic primary, and it’s become a big talking point for both President Trump and former VP Joe Biden as they compete for young voters. Here’s what could happen to college affordability and student loans under each candidate.
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I Hate Politics: How the 2020 Election May Affect Your Student Loans
NBCLX’s Jobeth Devera broke out her red Solo Cups and revisited her favorite college drinking games to help break down how the 2020 presidential election may affect your student debt. President Trump and Joe Biden both say they want to address the $1.5 trillion student loan crisis with policies that could reduce your personal debt burden. We took a closer...
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What No Student Loan Payments Until 2021 Means for You
Student loan borrowers with federal debt won’t see a bill until January 2021
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Why the Student Loan Crisis is Only Going to Get Dramatically Worse
Mark Kantrowitz, publisher and VP of research for Savingforcollege.com, breaks down how the student loan crisis got so out of hand and why it’s primed to get worse.