Student financial aid

Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks during a campaign event, Sunday, Jan. 12, 2020, in Marshalltown, Iowa. (AP Photo/Patrick Semansky)
January 14, 2020 - 8:00 am
WASHINGTON (AP) — Presidential candidate Elizabeth Warren says she'd order her secretary of education to cancel up to $50,000 in college debt for about 95% of student borrowers on her first day in office, effectively erasing outstanding loans for about 42 million Americans. The Democratic senator...
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FILE - In this Oct. 21, 2019, file photo, Education Secretary Betsy DeVos listening to President Donald Trump during a Cabinet meeting in the Cabinet Room of the White House in Washington. DeVos is calling on Congress to consider splitting her department’s financial aid operation into a separate federal agency with the flexibility to operate like a private bank. (AP Photo/Pablo Martinez Monsivais, File)
December 03, 2019 - 3:23 pm
Education Secretary Betsy DeVos says Congress should consider splitting her department’s financial aid operation into a separate federal agency with the flexibility to operate like a private bank. DeVos made the comments Tuesday in Reno, Nevada, at an annual conference hosted by the Education...
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FILE - This undated file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
December 02, 2019 - 10:18 am
Many of us feel bad about our debt. Most of us probably shouldn’t. Three-quarters of U.S. households owe money, but the vast majority pay their bills on time and have debt loads that are reasonable given their incomes. But many people still report being embarrassed about owing money. In one study,...
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FILE - In this June 5, 2018, file photo, Education Secretary Betsy DeVos testifies during a Senate Subcommittee on Labor, Health and Human Services, Education, and Related Agencies Appropriations in Washington. Facing a federal lawsuit and mounting pressure to act, Education Secretary Betsy DeVos on Friday, Nov. 8, 2019, said she will forgive loans for more than 1,500 borrowers who attended a pair of for-profit colleges that shut down last year. (AP Photo/Carolyn Kaster, File)
November 08, 2019 - 2:08 pm
Facing a federal lawsuit and mounting pressure to act, Education Secretary Betsy DeVos on Friday said she will forgive loans for more than 1,500 borrowers who attended a pair of for-profit colleges that shut down last year. Students who attended the Art Institute of Colorado and the Illinois...
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This Sunday, Aug. 11, 2019, photo shows credit cards in New Orleans. On Thursday, Nov. 7, the Federal Reserve releases its August report on consumer borrowing for September. (AP Photo/Jenny Kane)
November 07, 2019 - 4:08 pm
WASHINGTON (AP) — Consumer borrowing rose in September at a modest pace, driven by more student and auto loans, though a category that mostly includes credit cards fell for the second straight month. The Federal Reserve said Thursday that overall consumer borrowing increased 2.8% to $4.15 trillion...
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In this Oct. 21, 2019, photo, Education Secretary Betsy DeVos listens to President Donald Trump during a Cabinet meeting in the Cabinet Room of the White House in Washington. A federal judge has held DeVos in contempt of court for violating an order to stop collecting loans from thousands of former for-profit college students. (AP Photo/Pablo Martinez Monsivais)
October 25, 2019 - 2:40 pm
WASHINGTON (AP) — Education Secretary Betsy DeVos was held in contempt of court after a federal judge said she violated an earlier order to stop collecting loans from former students of a defunct for-profit college chain. U.S. Magistrate Judge Sallie Kim issued the ruling Thursday in San Francisco...
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FILE - In this June 15, 2017, file photo, people walk inside the Oculus, the new transit station at the World Trade Center in New York. Financial fears, not wanting to check your credit, confront your debt or even discuss your student loans, can feel especially shameful. But facing those fears can empower you to take action. (AP Photo/Frank Franklin II, File)
October 22, 2019 - 9:32 am
Fear can consume you. The anxiety of the unknown can drive you to pull the blanket over your head, whether you're worried about a rustling sound outside your bedroom window or that you won't have enough retirement savings. Financial fears — not wanting to check your credit, confront your debt or...
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Former Vice President and Democratic presidential candidate Joe Biden speaks at the SEIU Unions For All Summit on Friday, Oct. 4, 2019, in Los Angeles. (AP Photo/Ringo H.W. Chiu)
October 08, 2019 - 1:35 pm
Democratic presidential candidate Joe Biden wants to make community and technical college free and federal college loan programs more generous as he shifts leftward but not as far as his 2020 rivals. The former vice president's $750 billion higher education plan represents a major expansion of the...
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FILE - This Aug. 11, 2019, photo shows a Chase Bank Slate credit card in New Orleans. On Monday, Oct. 7, the Federal Reserve releases its August report on consumer borrowing. (AP Photo/Jenny Kane, File)
October 07, 2019 - 2:07 pm
WASHINGTON (AP) — Consumer borrowing increased at a solid pace in August, helped by the biggest jump in auto and student loans in three years. The Federal Reserve says total credit rose $17.9 billion after a $23 billion increase in July. The August strength came from a $19.8 billion increase in the...
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FILE - In this June 20, 2019, file photo students walk around a RAMS sign at Virginia Commonwealth University in Richmond, Va. Thinking of refinancing your student loans? Make sure you understand the pros and cons before deciding, and know how to make yourself look good to lenders. Here's how to check whether refinancing would make sense for you and how to improve your financial picture. (AP Photo/Steve Helber, File)
September 17, 2019 - 11:39 am
Glossy mailers promising low rates and cleverly crafted ads on your favorite podcast might leave you wondering: Should you refinance your student loans? With over $1.6 trillion in student loan debt in America as of March 2019, student loan refinance companies have an incentive to entice you. And a...
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