U.S. Education Department to restart defaulted student loan collections
US Secretary of Education Linda McMahon will speak at a press conference hosted by House Democrats outside the US Education Headquarters in Washington, DC on April 2, 2025 (Photo: Shauneen Miranda/States Newsroom) Washington – US Department of Education On Monday, he said he would resume his May 5th collection for default federal student loans. After […]
California Begs For Emergency Loan After Showering Illegal Immigrants With Healthcare Benefits
California borrows $3.444 billion this month to continue to surface the Medicaid program as a cost to the state’s healthcare expansion, including compensation for illegal immigration. The emergency loan requested by the Democratic government’s administration of Gavin Newsom in Wednesday’s letter to lawmakers is the maximum amount the state can take, and will only cover […]
FACT CHECK: Claim That Trump Plans To Invalidate Biden’s Student Loan Forgiveness Program Is Satire
Post shared on facebook President-elect Donald Trump reportedly plans to sign an executive order revoking President Joe Biden’s student loan forgiveness program. Verdict: False This claim is false and originally stemmed from a Jan. 17 article published on the satirical website Real Raw News. Fact check: President Trump’s inauguration took place indoors in the U.S. […]
Biden Admin Ramming Through One Last Student Loan Giveaway In Its Final Days
The Biden administration announced Monday that it will forgive 150,000 more student loan debts, bringing the total number of borrowers for which the administration has extended relief to a major milestone. Despite being reprimanded by the Supreme Court in June 2023, President Joe Biden and his team continued to push forward with their student loan […]
Lame Duck Biden Cancels Student Loan Debt For Tens Of Thousands In Final Push Before Trump’s Return
The lame-duck Biden administration announced Friday that it would forgive the student loan debt of about 55,000 public employees. The approximately $4.3 billion initiative will provide additional loan forgiveness to members of the Department of Education (DOE). Public service loan forgiveness (PSLF) program is a 10-year effort between governments and nonprofit organizations to forgive Americans’ […]
US Treasury Turns Frozen Russian Assets Into $20 Billion Loan For Ukraine
The U.S. Treasury on Tuesday transferred $20 billion of a massive $50 billion G7 loan to Ukraine. The funds are channeled through a World Bank intermediary called the Financial Intermediation Fund of Ukraine Strengthening and Investment Promotion Fund (FORTIS Ukraine FIF), and are aimed at strengthening Ukraine’s economic stability amid the ongoing conflict with Russia. […]
FACT CHECK: Are The $750 In FEMA Grants For Hurricane Victims Actually a Loan?
Posts about facebook Hurricane Helen victims claim $750 in government aid they are receiving from the Federal Emergency Management Agency (FEMA) is a loan. Verdict: False The money victims receive is in the form of grants, not loans. Fact check: FEMA officials announced that approximately $344 million worth of aid has been distributed to areas […]
‘I Don’t Know What They Will Do’: Jonathan Turley Reacts To Supreme Court Halting Latest Biden Loan Forgiveness Effort
George Washington University law professor Jonathan Turley said Thursday that the Biden administration seems determined to ignore Congress and grant student loan forgiveness, despite the Supreme Court halting the program. The Supreme Court declined to lift an appeals court order blocking the administration's latest effort to forgive student loan debt, proposed following a Supreme Court […]
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 […]
How to Choose the Right Loan: A Comprehensive Guide
The loan market is very competitive, so choosing the right product for you can be quite a challenge. So how do you choose the right loan and what loans are available? This article will explain this and much more. The importance of making informed lending decisions Taking a loan is a big responsibility and it […]
