Archive for November 2019
Donald Trump’s Position on Student Loans May Surprise You
Donald Trump seems to be on the side of many indebted Americans — and some Democrats, actually — that the government shouldn’t profit from student loans, according to an interview he gave to The Hill. The Republican presidential hopeful generally hasn’t attracted descriptions like “empathetic” and “relatable,” but Trump’s opinion on federal student loan profits…
Read MorePublic Service Loan Forgiveness
Not all Student Loan Forgiveness programs have begun processing applicants for their forgiveness yet. In 2007, the College Cost Reduction and Access Act was passed to help those future graduates who may need financial relief from student loan debts. This program was designed to help those who have taken jobs and developed careers in the…
Read MoreTeacher Loan Forgiveness
Teachers are responsible for the moral upbringing of their students who are the backbone of any society and also its future. It is obvious, therefore, that teachers are an important part of society, and society should have an urgent responsibility in helping those who help mold our children. This is where the Teacher Loan Forgiveness…
Read MoreThe Student Loan Fairness Act H.R 1330 that didn’t pass
THIS BILL DID NOT PASS–This page is for informational purposes about what has been happening in the student loan ecosystem Senator Elizabeth Warren recently put forth a bill named the Student Loan Fairness Act H.R 1330, with the intent of helping student loan borrowers in managing of their debt, and being so called “fair” for…
Read MoreMore Jobs Being Created That Qualify
By 2020, the Department of Education expects to need an additional 425,000 teachers. Those aren’t replacements for retiring teachers either. Add to that the number of new health care workers that will be required to help implement the rest of Obamacare beginning in 2014, and it is easy to see that the public service sector…
Read MorePublic Service Loan Forgiveness Unknown to Many
By some estimates, there are well over 33 million public service workers who may qualify to have their student loans forgiven. This does not include only teachers as many people mistakenly believe. Firefighters, many Health Care Employees, Police Officers and members of the United States Armed Forces also qualify for this program. These workers make…
Read MoreMillions of Americans not taking advantage of Student Loan Forgiveness
Right now, it is still difficult for many hard-working people to meet their living expenses and stay current on paying off their student loan debt. Quite a few who have graduated over the last five to ten years are struggling just as much as when they graduated from college. This is especially true for employees…
Read MoreStudent Aid Bill Of Rights
President Obama recently proposed a new Student Aid Bill of Rights to help take action on the student debt problem, and provide borrowers with more rights and protections. With the current average borrowers student loan debt at $28,400, and the average default rate at nearly 14%, its neither a surprise nor secret that the country is…
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