student loan forgiveness

SoFi Technologies, Inc. (NASDAQ:SOFI) shares are trading mostly flat Thursday. The stock has climbed more than 20% over the past month on investors' optimism for rate cuts in the near-term.  What To Know: There have also been several recent developments regarding student loans. The Biden...

The Biden administration on Wednesday said that it has forgiven $37 million in student debt for borrowers defrauded by the University of Phoenix, following a multi-year investigation by the Federal Trade Commission (FTC) that led to a $191 million settlement in 2019. Internal emails, advertisement...

Student loan relief is over. Thanks to the Supreme Court’s decision to stop President Biden’s student loan forgiveness plan, student loan debt is back to haunt the collective. Those who will feel it the most? The women who make up ⅔ of America’s $1.54 trillion in student loan debt...

The U.S. Supreme Court put a nail in the proverbial coffin for President Biden’s student loan forgiveness. Many former students were counting on up to $20,000 of their federal student loan debt becoming forgiven. Unfortunately for many, this doesn’t look like it will be happening, but...

Democratic presidential candidate Robert F. Kennedy, Jr. took a jab at his primary opponent, President Joe Biden, over the Supreme Court's decision to shoot down his student loan forgiveness plan. What Happened: Kennedy criticized President Biden's failure to unite Congress on the issue, leading to...

Close on the heels the Supreme Court kicking up a storm with its decision to reverse affirmative actions in college admission, it made another polarizing decision. The nation's highest court Friday, by a 6-3 decision, invalidated President Joe Biden's student debt relief plan that would have...

Former President Donald Trump on Friday berated Joe Biden for the incumbent president's failed student loan forgiveness plan. What Happened: Trump, while addressing the crowd at the Moms for Liberty Joyful Warriors National Summit in Philadelphia, called Biden “crooked” as he celebrated...

We live in a nation that has weathered many storms and the current one forming on the horizon will also get a catchy name before it makes an impact. With the FED having received PCE figures last week, the next report up for their assessment is the May Jobs Report coming this Friday at 8:30 AM EST....

‘The Big Short' investor Michael Burry believes the student debt problem itself has been built on bad choices and bailing out would mean making even more bad choices. "Let's not forget that the student debt problem is built on a foundation of terrible major choices. Bailing generations out of those...

SLM Corp (NASDAQ: SLM) reports third-quarter earnings after the closing bell on Wednesday afternoon. Investors will be watching closely for key numbers as well as any commentary on the potential financial impact of President Joe Biden's student loan forgiveness program. The Numbers:...