Trump Admin Gets Serious About Collecting Defaulted Student Loans After Borrowers Got A Pass Under Biden
The Ministry of Education (ED) announced Monday that it will begin an unwilling student loan collection effort after a five-year suspension. Senior department officials told the Daily Carener News Foundation that the aim is to remove burdens from taxpayers as unwilling collections were suspended during the March 2020 pandemic and not reopened under the Biden […]
Student Loan Borrowers Bailed Out By Biden Now Piling Up Mounds Of Other Debt
Student loan borrowers who benefited from President Joe Biden's loan forgiveness continue to find themselves under financial strain as their debt continues to pile up, according to a Wall Street Journal report in its Saturday edition and a July survey. Biden, who made student loan forgiveness a key campaign promise in 2020, has continued to […]
STEPHEN MOORE: New Bank Regulations Will Hurt Small Businesses And Middle-Class Borrowers The Most
The spate of bank failures last spring clearly spooked federal regulators at the FDIC, the Federal Reserve, and bank depositors. Bad decision-making by Silicon Valley Bank, Signature Bank, and First Republic Bank led regulators to take emergency life-saving measures against the banks. Memories of the 2008 financial crisis. But as the saying goes, crises are […]
