Department Of Education news and trends

White House Pauses Student Loan Repayment for 3 Million Borrowers
Consumer Finance // June 30, 2024

The Department of Education is reportedly pausing repayments for around 3 million student loan borrowers. The pause comes as the White House defends its new repayment plan against a spate of GOP-backed lawsuits, CNBC reported Sunday (June 30). Enrollees in the Saving on a Valuable...

Feds Cancel Student Debt for 160K New Borrowers
Debt // May 22, 2024

The U.S. Department of Education is canceling student debt for another 160,000 borrowers. This latest cancellation, announced by the White House Wednesday (May 22), brings the total number of Americans who have received student debt relief from President Joe Biden’s administration to 4.75 million. “Each...

Biden Cancels $6 Billion in Debt for Grads of Failed Art Institutes
Loans // May 01, 2024

The White House has forgiven $6.1 billion in loans for Art Institutes graduates. That’s because, the Department of Education said in a news release Wednesday (May 1), those graduates were lied to by the now defunct chain of for-profit arts schools, the subject of years of investigation and litigation...

Biden Administration Brings Student Loan Debt Relief Total to $136.6 Billion
Loans // January 19, 2024

The Biden Administration has approved an additional $4.9 billion in student loan debt relief for 73,600 borrowers. This brings the total loan forgiveness approved by the administration to $136.6 billion for over 3.7 million Americans, the Department of Education said in a Friday (Jan. 19)...

Quick Reads
Federal Agencies Aim to Combat Algorithmic Bias in AI

October 11, 2024
Auditing has a role in preventing, investigating, monitoring and remedying algorithmic bias in artificial intelligence (AI), technologists and researchers from federal agency civil rights offices said during a meeting held Wednesday (Oct. 9). The meeting was convened by the Justice Department’s Civil Rights Division to promote the coordination of AI and civil rights, the department said in […]

White House Pauses Student Loan Repayment for 3 Million Borrowers

June 30, 2024
The Department of Education is reportedly pausing repayments for around 3 million student loan borrowers. The pause comes as the White House defends its new repayment plan against a spate...

Feds Cancel Student Debt for 160K New Borrowers

May 22, 2024
The U.S. Department of Education is canceling student debt for another 160,000 borrowers. This latest cancellation, announced by the White House Wednesday (May 22), brings the total number of Americans...

Biden Cancels $6 Billion in Debt for Grads of Failed Art Institutes

May 01, 2024
The White House has forgiven $6.1 billion in loans for Art Institutes graduates. That’s because, the Department of Education said in a news release Wednesday (May 1), those graduates were lied to by the...