Republican lawmakers on Monday introduced a proposal to overhaul the nation’s student loan system, including eliminating a popular repayment plan that had helped millions save money on their debt payments. The proposal, which was released by the House Committee on Education and the Workforce, would save more than $330 billion, according to a statement by…
President Trump’s executive order on Thursday starting the process of dismantling the Department of Education could throw federal student loan programs into disarray and lead to frustration for millions of borrowers, according to experts. The Education Department’s remit is broad. The agency manages student loans for more than 40 million Americans; oversees $18 billion in…
Chipmaker GlobalFoundries began offering student loan debt relief to eligible employees this summer. The benefit is aimed at helping the company attract and retain workers. This comes as firms across the semiconductor industry are concerned about workforce challenges. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go….
/SplashNews.com / /SplashNews.com Many Americans are struggling to keep up with their monthly bills, with roughly 40% of consumers reporting that it’s “somewhat” to “very difficult” to pay their usual bills with the rising cost of living, according to U.S. Census Bureau data. Things might get even more difficult now that student loan payments have…