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A federal judge in Missouri is putting a temporary hold on President Joe Biden’s latest student loan cancellation plan. The ruling comes after Alabama and other states filed a lawsuit in September, arguing Biden had overstepped his legal authority.
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A group of Republican-led states is suing the Biden administration to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers. Alabama is among them.
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Financial breaks, higher bank accounts and lower household costs are predicted for Alabamians this year. That’s according to a new study from the financial website MarketWatch Guides.
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In this week’s segment of Crunk Culture, Robin Boylorn discusses both the implied and indirect financial burdens of student loan debt, while highlighting the relief student loan forgiveness could provide to those who need it the most.
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Paying for college is a on-going problem in the U.S. The website studentloanhero.com says the average graduate ends up with $37,000 worth of debt along…