The plan adjusts the number of payments some borrowers have made that qualify toward loan forgiveness. It will save CT borrowers over $300M.
student loans
Posted inEducation
In CT, 454,200 qualify for federal student debt forgiveness
Nearly a half million CT residents with student loans are eligible for debt relief, and more than half of them are Pell Grant recipients.
Posted inEducation
Thousands in CT to benefit from Biden’s student loan debt relief plan
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.
Posted inPolitics
Congress weighs student loan forgiveness, but there’s a partisan hurdle
There’s a growing sense Congress should do more to tackle college debt, but no consensus on what should be done.
Posted inPolitics
U.S. House approves new stimulus payments, billions for states, in massive coronavirus bill
Many HEROES Act provisions are likely to be dropped or scaled back to win Senate and White House support.
Posted inEducation, Money
Coronavirus stimulus bill has millions for CT colleges, gives graduates a break, but not loan forgiveness
The CARES Act will help colleges with unexpected expenses. But education advocates say it’s not enough.
Posted inEducation
Best of 2019: Elections bring new focus on college debt, which burdens CT students more than others
What to do about the huge amount of college debt that is burdening young Americans is emerging as a significant issue in the 2020 elections.
Posted inEducation
Elections bring new focus on college debt, which burdens CT students more than others
What to do about the huge amount of college debt that is burdening young Americans is emerging as a significant issue in the 2020 elections.
Posted inEducation
Hayes, DeVos spar over use of federal money to arm teachers
Rep. Jahana Hayes was critical of Education Secretary Betsy DeVos’s refusal to oppose the use of federal money on firearms for schools.
Posted inNews
Hayes, Santos debate highlights sharply different philosophies and approaches
Democrat Jahana Hayes doubled down on the importance of education, while her Republican rival Manny Santos burnished his conservative credentials at a debate before an audience of college students Wednesday night.
Posted inEducation
U.S. Ed Dept. comes to aid of CT students of shuttered for-profit school
WASHINGTON – The U.S. Department of Education has come to the aid of hundreds of Ridley-Lowell Business & Technical Institute students whose education came to an abrupt end last week when the school shut down without warning. The help includes allowing students file claims to have their student loans discharged.
Posted inEducation
CT joins suit against DeVos’ delay of rule protecting student borrowers
WASHINGTON — Connecticut joined 17 other states and the District of Columbia Thursday to sue the U.S. Department of Education and Secretary Betsy DeVos for delaying implementation of a new regulation aimed at protecting student borrowers. It was to become effective on July 1.
Posted inEducation
Senate saves Perkins student loan program
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.
Posted inPolitics
This Week in Washington
Congress moved at the 11th hour to avert a government shutdown, but it’s only a short-term fix — with a new budget deadline of Dec. 11. Access Health CT CEO James Wadleigh defended the operations of Connecticut’s health exchange to skeptical GOP lawmakers. Aetna CEO Mark Bertolini’s plans to merge with Humana were also scrutinized by a House panel this week.
Posted inPolitics
Courtney leads Democratic push to cut student debt
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.