Coronavirus Update: California Suffers Deadliest Day Yet; Gov. Newsom Offers Debt ReliefGov. Gavin Newsom on Thursday confirmed that California had suffered the most number of deaths in a single day of the COVID-19 emergency, while also announcing two new measures that would provide some debt relief for Californians hit hard financially by the pandemic.
Federal Student Loan, Tax Payments Delayed Due To Coronavirus PandemicAs the country grapples with an unprecedented COVID-19 pandemic that's thrown millions of Americans out of work, the U.S. Department of Education is automatically giving most federal student loan borrowers a break from their monthly bills until at least October.
Billionaire With Bay Area Venture Capital Firm Paying Student Loans For Morehouse College GraduatesA billionaire technology investor with a Bay Area firm stunned the entire graduating class at Morehouse College when he announced at their commencement Sunday that he would pay off their student loans, estimated at up to $40 million.
Sonoma Man Accused Of Defrauding People Paying Back Student LoansThe owner of a financial services enterprise has been arrested and charged in federal court in San Francisco with fraud in connection with an alleged scheme to steal millions of dollars from people trying to repay student loans.
Student Loan Watchdog Quits, Says Trump Administration 'Turned Its Back' On BorrowersThe U.S. official in charge of protecting student loan borrowers resigned in protest on Monday, saying the Trump administration "has turned its back on young people and their financial futures."
AG Announces $67M In Debt Relief For Corinthian StudentsThe state has reached a settlement of $67 million in loan forgiveness for 35,000 students who took out private loans to attend programs of the now-defunct Corinthian Colleges Inc.
Students Defrauded By For-Profits May Not Get Full ReliefStudents who were defrauded by the for-profit Corinthian Colleges may not get their loans forgiven entirely, the Education Department announced Wednesday, in a reversal of the Obama administration policy of wiping out the debt.
GOP Tax Bill Would Kill Deduction For Student Loan InterestMillions of Americans would lose the ability to deduct up to $2,500 in student loan interest under the Republican tax bill, a proposal that education advocates say will make college less affordable.
Loan Refinancing Is Helping Students Dig Their Way Out of DebtA San Francisco startup says it can slash student loan payments.
How Student Loan Debt Can Affect Your Tax ReturnIf you accrued any student loan debt in 2016, here’s everything you’ll need to know when filing your tax returns this year.
Being Unable To Pay Back Student Loans Back Has Become The New NormalHalf of the students at 1,000 colleges and trade schools have defaulted or failed to pay even $1 of their principal loan within 7 years.
Nearly One Third Of Parents Paying Back Student LoansA recent survey finds a large percentage of parents are paying back student loans—either their own loans, or those of their children.
Tax Tips: What All New College Grads Need To KnowWelcome, students, to taxes for recent graduates 101.
Corinthian College Student With $30,000 In Loans Refuses To Pay, Takes Part In Debt StrikeMakenzie Vasquez never thought she would still be wearing a waitress uniform, two years after she enrolled to become a medical assistant.
Hayward Man Sentenced To Federal Prison For Student Loan Fraud SchemeA federal judge in Oakland sentenced a man to 37 months in prison Friday for defrauding the government out of more than $500,000 in student loans.