Why 2024 could be the year student loan borrowers get forgiveness

U.S. President Joe Biden speaks on the student debt relief plan as Secretary of Education Miguel Cardona (R) listens in the South Court Auditorium at the Eisenhower Executive Office Building on October 17, 2022 in Washington, DC. Alex Wong | Getty Images How Plan A, Plan B student loan forgiveness compares Nearly 40 million Americans would have … Read more

Harvard University President Claudine Gay resigning

Claudine Gay, Dean of the Faculty of Arts and Sciences, speaks during the 368th Commencement Exercises at Harvard University in Cambridge, Massachusetts, May 30, 2019. Brian Snyder | Reuters Harvard University President Claudine Gay resigned Tuesday amid new allegations of plagiarism, becoming the second Ivy League leader to step down after controversy over their congressional … Read more

Teachers’ indefinite strike over in Quebec after tentative deal reached

A Quebec union representing 40 per cent of teachers is ending its weeks-long walkout after reaching a tentative agreement with the province. The Fédération autonome de l’enseignement (FAE), which represents some 66,000 teachers, announced the move late Thursday. Teachers with the FAE have been on strike since Nov. 23, shuttering about 800 schools across Quebec. … Read more

Student loan borrowers won’t face penalties for missed payments

Miodrag Ignjatovic | E+ | Getty Images Borrowers don’t need to apply Borrowers do not need to enroll in the on-ramp period, the U.S. Department of Education says. If your loans were eligible for the pandemic-era payment pause, which mainly include those in the Direct program, then borrowers will also qualify for this relief. Loans … Read more

Quebec reaches tentative deal with teachers after weeks of striking

After weeks of striking, a major Quebec teachers’ union and the provincial government had a major breakthrough at the negotiating table. The Federation autonome de l’enseignement (FAE), which represents some 66,000 teachers, has reached a tentative deal with the province over collective agreements. They’ve reached a consensus regarding working conditions and salaries, according to the … Read more

Hackers see wealth of information to steal in kids’ school records

Young male student preparing for the test listening online lessons on headphones Milan Kostic | Istock | Getty Images The education community — students, teachers, parents, staff and those connected to all of them — are barraged with threats to their physical safety. Now, they’re also increasingly dealing with the kind of threats that don’t … Read more

Millions of student loan borrowers still aren’t making payments

Student loan forgiveness advocates rally outside the U.S. Supreme Court building in Washington, D.C., after the nation’s high court struck down President Joe Biden’s student debt relief program, June 30, 2023. Kent Nishimura | Los Angeles Times | Getty Images Nearly a year before federal student loan payments restarted, the U.S. Department of Education warned … Read more

Here are options for student loan borrowers struggling to make payments

Blackcat | E+ | Getty Images Many student loan borrowers are struggling to resume their payments. When the bills restarted after a more than three-year-long reprieve, just 60% of people with federal education loans had made a payment by mid-November, U.S. Department of Education data shows. “The fact that so few borrowers have been able … Read more

Biggest student loan updates from 2023 and what’s coming in 2024

Whether it has been a good or bad year for student loan borrowers depends on who you ask.  While a large number of borrowers got life-changing emails this year saying their loans had been forgiven, plenty of others received bills in October that they would, in fact, be expected to pay. Regardless, there has been … Read more

MyGov email flags HECS/ HELP student debt changes

Millions of Australian graduates have been notified that HECS/HELP debt repayment rates have risen. The threshold for the 2023-24 financial year has been raised, the Australian Taxation Office told former students in an email. Last financial year, those earning more than $48,361 had to make compulsory payments. However, this year, graduates who earn $51,550 or … Read more