Page 2 - Student Loans
Biden set to announce long-delayed move to forgive $10K in student loans
President Joe Biden on Wednesday is set to announce his long-delayed move to forgive up to USD 10,000 in federal student loans for many Americans and extend a pause on payments to January, according to three people familiar with the plan. Biden has faced pressure from liberals to provide broader relief to hard-hit borrowers, and from moderates and Republicans questioning the fairness of any widespread forgiveness. The delay in Biden's decision has only heightened the anticipation for what his own aides acknowledge represents a political no-win situation. The people spoke on the condition of anonymity to discuss Biden's intended announcement ahead of time. The precise details of Biden's plan, which will include an income cap limiting the forgiveness to only those earning less than USD 125,000 a year, were being kept to an unusually small circle within the Biden administration and were still not finalized on the eve of the announcement. Down-to-the-wire decision-making has been a ...
 "Biden set to announce long-delayed move to forgive $10K in student loans")
Parents' income, child's record count in getting education loan: Experts
Students joining a professional course at a top-notch college will find it easier to get approval
 "Parents' income, child's record count in getting education loan: Experts")
Further fall in rupee to hurt students taking loans to study abroad
The rupee has been depreciating sharply ever since tensions broke out between Russia and Ukraine in February
 "Further fall in rupee to hurt students taking loans to study abroad")
Student debt can harm your cardiovascular health in early middle age
According to a new study, adults who do not repay college debt or take on new educational debt between young adulthood and early middle age are at increased risk of cardiovascular disease.
 "Student debt can harm your cardiovascular health in early middle age")
Biden's pause on federal student loan extension fuels inflation concerns
US President Joe Biden's newly announced plan to extend a pause on federal student loan repayments has drawn backlash from budget watchers and economists
 "Biden's pause on federal student loan extension fuels inflation concerns")
Planning an education loan? PSBs cheaper, but they don't fund all courses
The biggest challenge with public sector banks is the processing time, which is why starting early helps
 "Planning an education loan? PSBs cheaper, but they don't fund all courses")
Missing paperwork to wipe away $5 bn student loans
National Collegiate is a name for 15 trusts that holds 8 lakh student loans, totalling $12 bn
 "Missing paperwork to wipe away $5 bn student loans")
