student loans

Economists: Ohio student loan forgiveness might raise tuition, but not inflation

BY: - November 25, 2022

President Joe Biden continues to defer student loan payments as the legality of his plan to forgive $10,000 to $20,000 in student loans is hashed out in court. But if Ohio were to implement its own blanket student loan forgiveness, it might have the ironic effect of incentivizing institutions to raise tuition costs, but would […]

Student loan repayment pause extended by White House amid legal battles over relief plan

BY: - November 24, 2022

WASHINGTON — The Department of Education announced on Tuesday it is extending the pandemic-era pause on federal student loan repayments until June 30 while legal challenges to the administration’s student debt relief program are fought over in the courts. The agency said if the student debt relief program has not been put in place by […]

Six GOP-led states win national injunction against Biden student debt relief plan

BY: - November 15, 2022

WASHINGTON — A federal appeals court on Monday issued a nationwide injunction indefinitely blocking the Biden administration’s student debt relief program in response to a challenge by six GOP-led states. The unanimous ruling by the 8th Circuit Court of Appeals in St. Louis came after the six states — Nebraska, Missouri, Arkansas, Iowa, Kansas and South Carolina […]

Biden student debt forgiveness plan on temporary hold after appeals court ruling

BY: and - October 24, 2022

WASHINGTON — A federal appeals court on Friday temporarily blocked the Biden administration from carrying out its student loan forgiveness plan, until the court makes a determination on a request for an injunction brought by six Republican-led states, according to multiple media reports. The 8th U.S. Circuit Court of Appeals is giving the Biden administration […]

Experts say student debt measures positive, but Ohio’s higher ed system needs work

BY: - August 26, 2022

Higher education experts in Ohio say the student debt changes announced by President Joe Biden are targeted in the right direction, and should be a guidepost for the future. “Higher education is a public good and what benefits lower income people is going to benefit everybody,” said Piet van Lier, a senior researcher with Policy […]

Biden to wipe out $10,000 in student loan debt for many borrowers

BY: - August 25, 2022

WASHINGTON — President Joe Biden announced Wednesday that he will cancel up to $20,000 in federal student loan debt for Pell Grant borrowers and up to $10,000 for all other borrowers with an income of less than $125,000 for an individual and $250,000 for a household. Biden also announced his administration is extending a pause […]

Democrats in Congress press Biden to extend pause on student loans

BY: - August 1, 2022

WASHINGTON  — More than 100 congressional Democrats are urging the White House to extend the pause on student loan repayment beyond the Aug. 31 deadline. In a Thursday letter to President Joe Biden and Secretary of Education Miguel Cardona, U.S. Senate and House Democrats argue that due to inflation and an ongoing coronavirus pandemic, student loan borrowers […]

Lawmakers propose new recruitment tactic to fill Ohio jobs: Forgiving student loan debt

BY: - April 26, 2022

The following article was originally published on News5Cleveland.com and is published in the Ohio Capital Journal under a content-sharing agreement. Unlike other OCJ articles, it is not available for free republication by other news outlets as it is owned by WEWS in Cleveland. [/fullwidth][/fullwidth]   With the release of Ohio’s new tourism video Friday, two […]

Pause on federal student loan repayments extended by Biden through Aug. 31

BY: - April 7, 2022

The Biden administration Wednesday announced its plans to extend the pause on federal student loan repayments until the end of August. “I recognized in recently extending the COVID-19 national emergency, we are still recovering from the pandemic and the unprecedented economic disruption it caused,” President Joe Biden said in a statement.  “If loan payments were to […]

Students defrauded by for-profit colleges to get millions in loan repayments

BY: - February 19, 2022

WASHINGTON — The U.S. Department of Education announced Wednesday that nearly 16,000 student borrowers would receive millions in loan repayments, after the department found that four private for-profit institutions made misleading claims about their job placement rates. “The Department remains committed to giving borrowers discharges when the evidence shows their college violated the law and […]

Biden extends student loan repayment pause three more months

BY: - December 23, 2021

President Joe Biden will continue a pandemic-spurred pause on student loan repayments until May 1, he said Wednesday. Loan repayments were set to restart Jan. 31, following months of the U.S. Education Department not requiring payments during the pandemic. Biden told the department to extend the moratorium initially placed by President Donald Trump’s administration. It […]

Continued student loan debt pause could help many Ohioans

BY: - August 10, 2021

With Ohioans carrying millions of dollars in student loan debt, it may come as a relief to many that the U.S. Department of Education announced a “final” extension on pausing student loan repayment. The federal agency said the extension will last until Jan. 31, 2022, which President Joe Biden’s administration said is a “definitive end […]