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The Biden administration on Monday announced more federal student loan forgiveness, bringing the administration’s total student loan forgiveness to $183.6
CHAMPAIGN, Ill. (WICS) — Over 52,000 people in Illinois had their medical debt wiped out thanks to a statewide pilot program.
The Illinois Department of Healthcare and Family Services says last year, more than 1,100 people in Sangamon and Champaign counties were helped through the Illinois Medical Debt Relief Pilot Program.
Claudia Lennhoff, Executive Director of Champaign County Healthcare Consumers explains who qualifies for this program:
It was basically available for people or households who had medical debt that had gone to collections. Families or households that were at 400% or below the federal poverty level could get that relief.
Lennhoff says this program is unique:
People didn’t have to apply for it, they were selected for…
Thousands of cruise passengers, including some New Zealanders, could be included in a class action against cruise line companies over their lax onboard gambling rules.
The Australian law firm leading the action, Carter Capner Law, says some passengers who could not afford to settle their bills had been “unlawfully detained”.
One regular cruise passenger, who has joined the class action, told Nine to Noon that on his first cruise about 10 years ago, he had no idea he was borrowing money to gamble.
“It just spun really badly out of control,” said the man, who admitted he probably had “a bit of an underlying gambling problem”.
“At 21, I didn’t have too much money, and my final bill was…
The U.S. Supreme Court will review stalled attempts to streamline the borrower defense to repayment program.
The outgoing Biden administration plans to focus on providing federal student loan forgiveness through existing avenues and helping borrowers avoid default in its final days.
Before federal student loan repayment paused in spring 2020, nearly 20 percent of borrowers—8 million Americans—were in default due to failure to make payments, while the overall total of outstanding student debt reached $1.5 trillion. To facilitate a new era of student loan repayment marked by a lower risk of defaulting, the U.S. Department of Education debuted the Saving on a Valuable Education (SAVE) Plan in August 2023, whose benefits were scheduled for phase-in over the following year.
A little over a year later, SAVE finds itself under threat on several fronts. Legal action has placed the program under scrutiny from the courts, and borrowers who enrolled in SAVE have been placed in forbearance. Meanwhile,…
The Biden administration on Monday announced more federal student loan forgiveness, bringing the administration’s total student loan forgiveness to $183.6 billion for more than 5 million borrowers.
The Details: The Department of Education announced several types of discharges on Monday including the approval of nearly 85,000 borrowers for $1.26 billion in student loan relief based upon borrower defense findings that the institutions had misled and cheated borrowers.
The DOE also announced the approval of 6,100 borrowers for $465 million through Public Service Loan Forgiveness Second and $2.5 billion in relief for 61,000 borrowers with a total and permanent disability.
