The Biden administration has introduced a new proposal aimed at providing federal student loan forgiveness to borrowers facing financial hardship. This regulation would authorize the Secretary...
Etiket: Student Loans
85-Year-Old Fears Losing Home After Co-Signing Daughter’s Student Loan; Debt Crisis Highlights Risks for Elderly Co-Signers
In 2007, Rebecca Finch, now 85, co-signed a private student loan for her daughter Sabrina, who was pursuing a nursing degree. Both were hopeful that this...
Legal Hurdles Halt SAVE Plan, Leaving Student Loan Borrowers in Limbo Amid Growing Frustration
The 8th Circuit Court of Appeals has blocked the Biden administration’s Saving on a Valuable Education (SAVE) plan, creating widespread confusion and frustration among borrowers. The...