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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
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.
OPM wants to know how student loan repayments help feds
Federal agencies are authorized to offer payments toward employee student loans as a retention and recruitment tool.
By Jessie Bur
FBI: No link found between cyberattack and Navy base attack
City officials became aware of the attack at about 1:30 a.m. Saturday, many hours after the shooting.
Vet groups are blasting Trump’s education secretary. Here’s why.
Veterans’ education benefits are being undermined by the federal government, according to officials with two prominent advocacy organizations focused on student veterans.
By Natalie Gross
Lawmakers grill VA over GI Bill ‘debacle'
Nearly four months after the Veterans Affairs Department was supposed to have changed the way it calculates Post-9/11 GI Bill housing stipends, students are still getting the wrong amount each month ― and there’s still no end in sight.
By Natalie Gross
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.)
Nation’s top student loan official resigns
This is the latest high-level departure from the Consumer Financial Protection Bureau since Mick Mulvaney, President Donald Trump's budget director who has been also acting director of the bureau, took over in late November.
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
Big bank-reform bill that passed Senate includes new VA loan refinance rules
The VA-related passages were tacked onto a wide-ranging repeal of financial regulations.
By Kevin Lilley