Nearly a half million CT residents with student loans are eligible for debt relief, and more than half of them are Pell Grant recipients.
Some borrowers who earn less than $125,000 will qualify for forgiveness up to $20,000. The average debt for Connecticut borrowers is $35,162.
The relief for ITT Tech students comes as borrowers await Biden’s decision whether to extend the moratorium on student loan repayments.
Despite the differences, Cardona received some bipartisan support during his confirmation hearing to become U.S. education secretary.
The U.S. Department of Education stopped sharing that information with the state governments last year, saying local policing of student lenders impeded federal oversight.
WASHINGTON – Jahana Hayes is at least $115,000 in debt because of student loans, while her Democratic rival for the 5th District congressional seat, Mary Glassman, has at least $1.2 million in assets, some jointly with her husband.
That was some of the financial information the candidates filed with the Office of the Clerk of the U.S. House of Representatives.
WASHINGTON– The nation’s oldest student loan program, which had expired in September, has been temporarily revived by the Senate. The Perkins loan program was available at most of Connecticut’s four-year colleges and has helped thousands of students in the state.
Washington – Backed by key Democrats, including House Minority Leader Nancy Pelosi, Rep. Joe Courtney, D-2nd District, returned to an old theme on Wednesday — how to cut the college student debt — by introducing a bill that would do just that.