• Wed, March 26, 2025

by: CNET

Student Loan Forgiveness May Wither in the Courts, Says This Expert. What You Can Do Now

The path for current student loans is uncertain, but forgiveness options look even less likely for future borrowers.

by: Investopedia

These Food and Drink Stocks Could See Double-Digit Growth, Says Wells Fargo

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by: UPI

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by: Insider

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by: Fortune

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by: WKYC

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by: Invezz

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by: Insider

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by: Reuters

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  • Thu, March 27, 2025

by: BusinessLIVE

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by: Bloomberg

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by: CCN

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by: WJHL

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by: cnbctv18

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by: Stockhouse

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by: Investopedia

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by: Moneycontrol

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by: Reuters

UK government's own estimate says welfare cuts to push 250,000 into poverty

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by: Reuters

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by: Reuters

Is Britain on the cusp of another multibillion-pound consumer finance scandal?

The Supreme Court of the United Kingdom will on Tuesday hear arguments to overturn a judgment that could cost Britain's financial industry billions of pounds in fresh legal costs and potential customer compensation.

by: Reuters

Explainer: Is Britain on the cusp of another multibillion-pound consumer finance scandal?

The Supreme Court of the United Kingdom will on Tuesday hear arguments to overturn a judgment that could cost Britain's financial industry billions of pounds in fresh legal costs and potential customer compensation.

by: Reuters

China tells state firms to halt deals with Li Ka-shing and his family, Bloomberg News reports

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by: Reuters

Microsoft pulls back from more data center leases in US and Europe, analysts say

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Student Loan Forgiveness May Wither in the Courts, Says This Expert. What You Can Do Now

The path for current student loans is uncertain, but forgiveness options look even less likely for future borrowers.
The article from CNET discusses the precarious future of student loan forgiveness as outlined by higher education expert Mark Kantrowitz. He suggests that the Biden administration's plan for student loan forgiveness, which includes up to $20,000 in debt relief, might not survive legal challenges, particularly due to a lawsuit from six Republican-led states arguing that the plan exceeds the administration's authority. Kantrowitz advises borrowers to prepare for the possibility that the forgiveness might not materialize by exploring other avenues for managing their student loans. These include looking into income-driven repayment plans, public service loan forgiveness, and other existing federal programs. He also recommends that borrowers start making payments now if they can, to reduce the principal before interest starts accruing again, and to consider refinancing or consolidating loans to potentially lower interest rates or simplify payments. The article emphasizes the importance of proactive financial planning in light of the uncertain legal outcome of the forgiveness plan.

Read the Full CNET Article at:
https://www.cnet.com/personal-finance/loans/student-loan-forgiveness-may-wither-in-the-courts-says-this-expert-what-you-can-do-now/

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