Amid a cost-of-living crisis, millions of low-income borrowers may now be forced to spend several hundred more dollars a month paying for student loans. As student debt exacerbates the financial struggles of millions of Americans, the Trump administration has taken a major step toward killing the Biden administration’s student loan forgiveness program. On Tuesday, the Department of Education announced that it had reached a […]
“They’re just cruel and want to take as much as possible from the folks who have very little,” said one student borrower advocacy group. With the Trump administration restarting collection efforts on defaulted student loans after a five-year reprieve on Monday, Mike Pierce of the Student Borrower Protection Center said the move “will further fan the flames […]
“This is just cruel and doesn’t have to happen,” said the Debt Collective. The Trump administration on Monday announced that it will resume involuntary collection measures against defaulted federal student loan recipients, including garnishing wages, tax refunds, and Social Security benefits and “other actions to help borrowers get back into repayment,” as the U.S. Department […]
“Opponents of democracy are terrified that they will lose again at the ballot box in November and are rushing to right-wing judges to hamstring democratic governance,” said one observer. A Republican-appointed U.S. federal judge in Georgia raised eyebrows and objections Thursday after taking what observers called the “unprecedented” step of blocking a rule that hasn’t […]
