Federal student loan payments are set to resume on October 1 with interest already accruing for borrowers in September. U.S. Under Secretary of Education James Kvaal joins Yahoo Finance Live to share the list of federal programs that will aid Americans in paying off their student debt, including President Biden's SAVE plan. 'College costs now [are] not just an issue for a student but it's an issue for their families,' Kvaal notes. 'Oftentimes, people who are still repaying their student loans are struggling to pay for their children's education, struggling to start a business or start a home, so this really is an issue... that affects families and communities and really the economy as a whole.' Kvaal also goes into detail about updates to FAFSA applications and the challenges that put borrowers at risk of defaulting on their loans. Click here to watch more of Yahoo Finance's special coverage 'Student Loans: Crisis or Crucial?'
Federal student loan payments are set to resume on October 1 with interest already accruing for borrowers in September. U.S. Under Secretary of Education James Kvaal joins Yahoo Finance Live to share the list of federal programs that will aid Americans in paying off their student debt, including"College costs now [are] not just an issue for a student but it's an issue for their families," Kvaal notes.
Kvaal also goes into detail about updates to FAFSA applications and the challenges that put borrowers at risk of defaulting on their loans.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Union calls for PDSB to re-hire hundreds of education workers let goOPSEU/SEFPO calling for the immediate reversal of the decision, but the board says it let go of 372 educational assistants on its casual list as part of its standard operating procedure.
Read more »
How students and graduates can tackle the enormous pressure student loans are creatingWith 1.9-million Canadians owing the federal government a total of $23.5-billion in student loans, there’s a great need for expertise in how to guide them through a payment plan
Read more »
UNBC tweaking education program to address teacher shortageUniversity offering 'micro-credentials' and more accessible programming options to train more teachers
Read more »
UNBC tweaking education program to address teacher shortageUniversity offering 'micro-credentials' and more accessible programming options to train more teachers
Read more »
Columbia Prof Wants Education System to Pay $2 Trillion in Reparations for Blacks“school reforms punish us for being Black”
Read more »
Former UBC Okanagan student feels free after winning discrimination caseStephanie Hale says she is feeling free for the first time in a decade after her life was derailed by a sexual assault in a dorm room at the University of British Columbia's Okanagan campus.
Read more »