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More student loans to get canceled as Biden accelerates plan
Borrowers will be eligible if they are enrolled in the new SAVE plan, if they borrowed $12,000 or less for college and made at least 10 years in payments.
By Collin Binkley, Associated Press
US backs $42B in student loan forgiveness for govt. workers, military
The Public Service Loan Forgiveness program is open to government employees, teachers, nurses, military members and other public workers.
By Cora Lewis and Adriana Morga
VA change will lower home loan rates for some Native American vets
Changes to the VA Native American Direct Loan program would drop interest rates from 6% to 2.5% for some home purchases.
Where does Biden’s student loan debt plan stand after judge’s ruling?
Plan announced in August would cancel $10,000 in student loan debt for those making less than $125,000 or households with less than $250,000.
Using Thrift Savings Plan investment options to fight climate change
The Thrift Savings Plan is offering a mutual fund window with far more investment options than before.
By Lt. Christopher Coughlin
Feds allege online lender ‘overcharged and deceived’ troops, families
Troops had to agree to a monthly membership fee before they could get a loan, feds allege.
By Karen Jowers
Biden customer service order aims to streamline public service loan forgiveness
The Public Service Loan Forgiveness program, which forgives student loans after prolonged work in the public sector, could become easier to navigate.
By Jessie Bur
House Democrats ask 5 companies to return coronavirus aid
A Democratic-led subcommittee overseeing federal coronavirus aid is demanding that five companies return loans the panel says should have gone to smaller businesses.
Fed will provide monthly disclosures on support programs
The central bank is “committed to transparency and accountability by providing the public and Congress detailed information about our actions to support the economy during this difficult time,” Federal Reserve Chair Jerome Powell said.
Commentary: Feds moving in wrong (and dangerous) direction on military consumer protection
It is not hyperbole to state that financial distress compromises individual and unit combat effectiveness.
By Army Col. Paul Kantwill (Ret.)
Senators urge consumer protection agency not to ‘abandon’ duty to protect troops, families
Will the enforcement of the Military Lending Act be weakened?
By Karen Jowers