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News Articles: student loans

Student loan borrowers stage a rally in front of The White House on Aug. 25 to celebrate President Biden cancelling student debt. The plan has sparked heated debate, including about its economic fairness.

Tagged as: 

  • Business

Is it fair to forgive student loans? Examining 3 of the arguments of a heated debate

President Biden's plan to forgive hundreds of billions of dollars in student debt will help millions – but it's also raising concerns about inflation, economic fairness and college tuition costs.

August 28, 2022
|
By:
  • Scott Horsley
Activists demonstrate outside an entrance to the White House calling for the cancellation of student debt in Washington, U.S., April 27, 2022. REUTERS/Evelyn Hockstein

Tagged as: 

  • Politics

Political Rewind: Student loan forgiveness; Pooches pushed into politics; Okefenokee Swamp saga

Thursday on Political Rewind: President Biden announced a student debt relief plan, partially meeting one of his campaign promises. Plus, two candidates on the top of Georgia's ballot get a boost from Sen. Mitch McConnell. Meanwhile, a settlement leaves the fate of a proposed mine at the Okefenokee’s edge in the hands of the Georgia EPD.

August 25, 2022
|
By:
  • Bill Nigut ,
  • Natalie Mendenhall ,
  • and 1 more
An ITT Technical Institute campus in Rancho Cordova, Calif., is seen on Sept. 6, 2016. Students who used federal loans to attend ITT Tech as far back as 2005 will automatically get that debt canceled.

Tagged as: 

  • Education

$3.9 billion in debt is canceled for former students of ITT Tech

The cancelation in federal student debt for 208,000 borrowers came after authorities found "widespread and pervasive misrepresentations" at the defunct college chain, the Education Department said.

August 16, 2022
|
By:
  • The Associated Press
U.S. Rep. Buddy Darden joins the panel.

Tagged as: 

  • Politics

Political Rewind: Former Rep. Buddy Darden on panel; Kemp ties Abrams to Biden; Back-to-school time

Monday on Political Rewind:  Former U.S. Rep. Buddy Darden joins the panel as we discuss nationwide inflation. Meanwhile, Gov. Brian Kemp attempts to tie Stacey Abrams to President Biden's economic policies. But Abrams isn't backing away from Biden, despite his low approval ratings. Plus, the State Ethics Commission investigates Abrams' 2018 campaign.

August 01, 2022
|
By:
  • Bill Nigut ,
  • Natalie Mendenhall ,
  • and 1 more
student loans

Tagged as: 

  • Education

Political Rewind: Can Georgians get relief from student loan debt? ; Kemp to testify in Fulton probe

Monday on Political Rewind:  We’re answering your questions about student loans. Many of you left us voicemails before the show. We’ll tackle what it means for students, parents and borrowers. We’ll also answer what it means for Georgia politics if President Biden erases the debt. But first, the AJC's Patricia Murphy fills us in the on latest in the Fulton County probe. 

July 25, 2022
|
By:
  • Donna Lowry ,
  • Natalie Mendenhall ,
  • and 1 more
U.S. Education Secretary Miguel Cardona delivers remarks in Washington, D.C., in January. The department has extended the freeze on federal student loan payments several times since the pandemic began in March 2020.

Tagged as: 

  • Education

The student loan pause has been extended until the end of the summer

The Biden administration extended the freeze on student loan payments yet again, this time until September, and announced a reset for borrowers in default.

April 06, 2022
|
By:
  • Cory Turner
College students on lawn

Tagged as: 

  • Education

State lawmakers consider changes to college loan program plagued by defaults

Georgia’s Student Access Loan program was established in 2012 as a last resort for students who had exhausted their other options. In the last school year, it helped about 5,600 students with nearly $28 million in loans across 78 institutions at public, private and technical schools.

February 03, 2022
|
By:
  • Ross Williams
As part of the settlement, the loan servicing company Navient agreed to pay $95 million for states to offer affected borrowers some reimbursement — roughly $260 each to 350,000 borrowers.

Tagged as: 

  • Education

Navient reaches a deal to cancel $1.7 billion in student loan debts

The loan servicing giant has agreed to cancel student loan debts owed by roughly 66,000 borrowers as part of a settlement reached with 39 state attorneys general.

January 14, 2022
|
By:
  • Cory Turner
Education Secretary Betsy DeVos appears in Phoenix in October. On Friday, the Education Department announced an extension of pandemic relief measures for federal student loan borrowers.

Tagged as: 

  • Education

Education Department Extends Student Loan Payment Freeze Through January

Congress hit pause on federal student loan payments in the CARES Act. The latest extension of this relief will last until after President-elect Joe Biden takes office.

December 05, 2020
|
By:
  • Elissa Nadworny
President-elect Joe Biden delivers remarks Monday in Wilmington, Del.

Tagged as: 

  • Education

Biden Wants To Help Pay Some Student Loans, But There's Pressure To Go Further

The president-elect called for immediate action to help borrowers who are "having to make choices between paying their student loan and paying the rent."

November 17, 2020
|
By:
  • Anya Kamenetz
Nearly 40% of student loan payers are helping someone else pay off their student loans, a new study found.

Tagged as: 

  • Business

'A Family Affair': Others Often Chip In To Help Pay Off Student Loans

Student debt doesn't only affect the person who goes to college. Nearly 40% of student loan payers are helping someone else pay off their student loans, a new study found.

October 01, 2020
|
By:
  • Adedayo Akala
As Georgia students head back to college, many will take on loans to cover costs. Student loan debt in Georgia totals $58.7 billion.

Tagged as: 

  • Your Money

The Hidden Price Of Higher Ed In Georgia

As students head back to college this month, a large portion will be taking on loans to help cover costs. At least 1.5 million Georgians — approximately...

August 13, 2019
|
By:
  • Virginia Prescott and
  • Jake Troyer
Philanthropist Robert F. Smith speaking at the Morehouse College 2019 commencement ceremony in Atlanta, Ga.

Billionaire To Pay Off Student Loan Debt For 2019 Morehouse Graduates

Graduating seniors at Morehouse College received a surprise gift from billionaire philanthropist Robert Smith who announced he would provide a grant to...

May 20, 2019
|
By:
  • Robert Jimison

On Second Thought For Wednesday, May 16, 2018

Atlanta’s Donald Glover has found a new level of success. He’s an actor, the creator of a hit show named after his hometown of Atlanta, and a rapper...

May 16, 2018
|
By:
  • Leah Fleming ,
  • Sean Powers ,
  • and 5 more
The cost of a college education rises every year.

How To Manage Your Student Loans

As students prepare for college, they have a big concern: the cost. The Institute for Higher Education Policy finds 70 percent of colleges unaffordable...

May 16, 2018
|
By:
  • Fenly Foxen and
  • Leah Fleming
  • Load More

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