Student loan debt | Biden-Harris administration set to extend student loan
forgiveness to 30 million Americans
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CFPB Finds Coding Bootcamp BloomTech Deceived Students About Loans, Jobs
The Consumer Financial Protection Bureau (CFPB) has issued an order against coding bootcamp BloomTech, also known as the Bloom Institute of Technology, and its CEO, Austen Allred, alleging that they deceived students about the real cost of loans and made false claims about the hiring rates of the bootcamp’s graduates. The order permanently bans BloomTech from all consumer-lending activities; bans Allred […]
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Biden Administration Announces $7.4 Billion in Student Loan Forgiveness
In a move aimed at alleviating the burden of student loan debt for millions of Americans, the Biden administration has announced another round of student loan forgiveness, totaling $7.4 billion. This latest announcement comes as part of President Biden’s ongoing efforts to address the issue of student debt in the United States. The decision follows […] The post Biden Administration Announces $7.4 Billion in Student Loan Forgiveness first appeared on The Source.
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Biden administration cancels another $7.4 billion in student loans
President Biden announced $7.4 billion in new student loan forgiveness days after touting his broader plan to cancel debt.