When rising floodwater surrounded her home the morning of July 29, Carolyn Combs felt a sense of déjà vu. The year before, floodwater had filled the first floor of her […]
Federal Aid (US)
Trending topics and news from the Federal Aid (US) category
Back to news homeA New Federal Student Loan Program Will Move Millions Toward Forgiveness
Borrowers with one-time payment adjustments that make them eligible for automatic loan forgiveness through the Public Service Loan Forgiveness program are being notified first, the spokesman said. After adjusting those […]
The Student Loan Borrowers Who Keep Missing Out on Relief
In a startling change, many in the Federal Family Education Loan (FFEL) program may no longer be eligible for up to $20,000 in debt cancellation. Read More
Steeper Winter Heating Bills Loom, With Less Federal Aid
Last winter, Michael Jandro and Jillian Park could have faced heating costs that rivaled the $806 monthly mortgage payment on their Maine farmhouse.The couple heat their 135-year-old home with oil, […]
Beware of Scammers Trying to Capitalize on Student Loan Forgiveness
Shady callers are acting quickly on President Biden’s announcement last week to cancel up to $20,000 in federal student debt for millions of borrowers. As Americans await more details about […]
What Will Happen to Black Workers’ Gains if There’s a Recession?
Black Americans have been hired much more rapidly in the wake of the pandemic shutdowns than after previous recessions. But as the Federal Reserve tries to soften the labor market […]
Expansion of Clean Energy Loans Is ‘Sleeping Giant’ of Climate Bill
Tucked into the Inflation Reduction Act that President Biden signed last week is a major expansion of federal loan programs that could help the fight against climate change by channeling […]
Prosecutors Struggle to Catch Up to a Tidal Wave of Pandemic Fraud
In the midst of the pandemic, the government gave unemployment benefits to the incarcerated, the imaginary and the dead. It sent money to “farms” that turned out to be front […]
Student Loan Borrowers Got the Debt, but Not the Degree
“I had really good professors who were for the most part really understanding, but it was too much,” she said. “It was a tumultuous time.”Ms. Summers-Polite withdrew from her classes […]
Student Loan Borrowers Don’t Deserve ‘Forgiveness.’ They Deserve an Apology.
Still not convinced that the nation should ask debtors for absolution, and not the other way around? Consider the facts.First, there’s the Free Application for Financial Aid, or FAFSA, which […]