He granted an injunction after a multi-state lawsuit. U.S. District Judge Matthew Schelp temporarily halted President Biden’s latest student loan cancellation plan following a request by six other…
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SCOTUS Denies Administration Request to Reinstate SAVE Plan
The justices uphold the 8th Circuit’s injunction against the federal student loan forgiveness plan. The Supreme Court declined the request from President Biden’s Administration to reinstate the Saving…
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8th Circuit Court Blocks Remaining SAVE Plan Student Loan Relief
The administration plans to appeal the ruling. The Eight Circuit U.S. Court of Appeals issued a ruling that blocks the remainder of the Education Department’s SAVE Plan which…
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FTC Seeks to End Student Loan Debt Relief Scam
A federal court freezes assets in the agency’s first case under the Impersonation Rule. The Federal Trade Commission (FTC) has taken action against a student loan debt relief…
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House Committee Proposal Includes Automatic Draft Registration
The plan would use federal records to help address the drop in registrants in the past two years. The House Armed Services Committee has included a proposal in…
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Education Secretary Outlines Modernization Steps for FSA
A full-scale review of workflow and leadership structure will be conducted. Secretary of Education Miguel Cardona outlined a number of steps being taken to improve the Federal Student…
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Administration Announces $7.7 Billion in Additional Student Loan Relief
Three categories of borrowers were selected for debt cancellation. The Education Department announced the latest round of student loan borrowers selected for debt relief. Three categories of borrowers…
Read MoreStudent Loan Forgiveness Announced for Art Institute Enrollees
The college closed down after paying a settlement to the Justice Department. The Department of Education announced another round of student loan forgiveness, canceling the debts of students…
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FTC Reaches Final Settlement in Student Loan Debt Relief Scam
The scheme made fraudulent promises of loan forgiveness, for which the agency imposed an industry ban and asset forfeiture. The Federal Trade Commission (FTC) has reached a settlement…
Read MoreEducation Department Drafts Next Wave of Student Debt Relief
The agency proposes canceling debt accrued by high interest rates and long payment plans. The Department of Education released a draft this week of the next wave of…
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