Tag: Relief

Education Dept. Restores Disability Student Loan Debt Relief For Some Borrowers : NPR

by  on  in Education Foundation

Drew Lehman of Lansdale, Pa., became unable to work after a traumatic car accident. He is currently navigating the confusing, bureaucratic process of getting his federal student loans discharged.

/Natalie Piserchio for NPR


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/Natalie Piserchio for NPR

Drew Lehman of Lansdale, Pa., became unable to work after a traumatic car accident. He is currently navigating the confusing, bureaucratic process of getting his federal student loans discharged.

/Natalie Piserchio for NPR

The U.S. Department of Education says it will erase the federal student loan debts of tens of thousands of borrowers who can no longer work because

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Education Department Extends Student Loan Relief | Education News

by  on  in Education News

The Education Department announced Tuesday a new round of student loan relief for approximately 1 million borrowers, continuing a week-long chain of announcements aimed at relieving financial burden for borrowers who defaulted on student loans during the coronavirus pandemic.

“At a time when many student loan borrowers have faced economic uncertainty, we’re ensuring that relief already provided to borrowers of loans held by the Department is available to more borrowers who need the same help so they can focus on meeting their basic needs,” Education Secretary Miguel Cardona said in a statement. “Our goal is to enable these borrowers who

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Education Department Rescinds Trump-Era Formula Limiting Relief to Defrauded Student Loan Borrowers | Education News

by  on  in News

The Education Department announced plans Thursday to rescind the formula established by the Trump administration that provided only partial debt relief to student loan borrowers who were defrauded by their schools.

A new plan to grant full relief to all borrower defense claims approved to date, including for those who already received less than a full loan discharge, is expected to extend roughly $1 billion in additional debt relief to 72,000 borrowers.

“Borrowers deserve a simplified and fair path to relief when they have been harmed by their institution’s misconduct,” Education Secretary Miguel Cardona said. “A close review of these

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Education Department Releases $122 Billion in Coronavirus Relief Funds to States | Education News

by  on  in Education Publishing

The Education Department released $122 billion to states on Wednesday to help reopen K-12 schools – the pillar of the Biden’s administration’s plan to help the majority of elementary and middle schools resume in-person learning more than a year after the coronavirus pandemic shuttered every school district in the country.

The funding is part of the $1.9 trillion coronavirus relief package meant to bolster efforts to get children back into classrooms amid mounting concerns over mental health and learning loss, especially for the country’s most vulnerable students whose families and communities have disproportionately borne the brunt of the pandemic.

“The

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Student debt relief will be “a priority,” says education secretary nominee

by  on  in Education Publishing

Miguel Cardona, President Joe Biden’s nominee to lead the Department of Education, said he would support student loan forgiveness if confirmed, but gave little indication of what student debt relief might look like in practice.

In a Monday interview with Connecticut Public Radio, Cardona, who serves as Connecticut’s education commissioner, said that despite his background in K-12 schools, tackling student debt would be a “would be a priority for me, it would be an area of focus that early on we’d have to really make sure we’re coming up with clear support plans and strategies.”

Last year federal student loan

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