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    By Stacy M. Brown NNPA Newswire Sr Natl Correspondent Beginning Nov. 1, federal student loan borrowers will have to resume making payments on their loans for the first time since the COVID-19 pandemic in 2020. And, after the Supreme Court smacked down President Joe Biden’s original loan forgiveness program, the administration is targeting another avenue ...
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    By Charlene Crowell When the Biden Administration announced its latest initiative to reduce the nation’s unsustainable trillion-dollar student debt, both borrowers and advocates rejoiced. In the coming weeks an estimated 804,000 student loan borrowers will together receive $39 billion in federal loan debt cancellations. These unprecedented debt cancellations are available due to systemic corrections that ...
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    By Antonio‌ ‌Ray‌ ‌Harvey ‌California‌ ‌Black‌ ‌Media‌ California Attorney General (AG) Rob Bonta is urging Californians to take advantage of recent changes to the Public Service Loan Forgiveness (PSLF) and Temporary Expanded Public Service Loan Forgiveness (TEPSLF) programs. Bonta’s announcement coincides with a CNBC survey that reports 31% of Black women are disproportionately impacted by ...
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    By Charlene Crowell Most consumers would likely agree that consumers should get what they pay for. If a product or service fails to deliver its promises, refunds are in order. That kind of thinking guided the Obama Administration’s decision to address false promises made to student loan borrowers. A rule known as the “borrower defense to repayment”, came on the heels of successive for-profit college closures that left thousands of students ...