President Biden will be announcing new proposals for partial or complete student loan forgiveness Monday in Wisconsin. The main thrust for the latest round of student loan forgiveness proposals is to ...

A furious debate on forgiving federal student loan debt rarely touches on one of the main problems. Huge balances owed by graduates and parents result not just from the amounts borrowed but from ...

WASHINGTON (AP) — Americans who are struggling to repay federal student loans because of financial hardship could get some of their debt canceled under President Joe Biden’s latest proposal for ...

Republican lawmakers have unveiled a proposal to dramatically reshape the federal student loan system, aiming to overhaul how millions of Americans repay their education debt. The plan, introduced ...

President Joe Biden is again working to deliver on a campaign promise that so far has hit several roadblocks: student loan forgiveness. Biden shared a proposal on Monday during a visit to Wisconsin ...

As promised by the CFPB when it issued two Regulation Z ability to repay rule qualified mortgage (QM) loan proposals in June 2020, the CFPB recently issued a proposal to provide for a new seasoned QM ...

The value of student loans outstanding has doubled over the past decade and now stands at $1.7 trillion, exceeding all other forms of debt except mortgage loans. Many borrowers are precluded from ...

Between meeting the requirements of the Sarbanes-Oxley Act and preparing for mandates of the USA Patriot Act, banks have barely noticed a proposed rule that would change how they account for loan ...