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student loan

A collection of 3 posts
morgan stanley

Morgan Stanley survey shows 34% of student loan payors think they can't afford resumed payments

Per Business Insider Research by Morgan Stanley survey reported that 34% of people with student loan debt don't think they can afford payments once it resumes. This comes as only 29% of federal student-loan borrowers said they were confident about being able to afford payments. Marshall Steinbaum, a
12 Jul 2023 1 min read
college

Over 90% of colleges don't give accurate student expense estimates

Per Bloomberg A new report by Bloomberg details how over 90% of colleges fail to give inquirers an accurate estimate of how much students would have to pay. This results in potential college applicants missing their estimates, which could land them even more in debt. The report shares the story
17 May 2023 1 min read
biden

Biden administration forgives $42 billion student loan debt for public service workers

The Biden administration will forgive student loan debt worth $42 billion for over half a million public service workers. The program would help forgive the debts of teachers, nurses, government employees, and more. This comes from an announcement by the US Department of Education, highlighting changes to its Public Service
09 May 2023 1 min read
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