U.S. Senator Ron Johnson (R-WI) joined 18 of his Republican colleagues on Tuesday in introducing a Congressional Review Act resolution of disapproval.
The CRA aims to end President Joe Biden’s latest end-around to the U.S. Supreme Court’s ruling this summer striking down the administration’s original student loan bailout.
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U.S. Senators Tammy Baldwin (D-WI), Chris Murphy (D-CT), and Tina Smith (D-MN) filed legislation this week to forgive student-loan debt for new members of the agriculture industry.
Their bill, the Student Loan Forgiveness for Farmers and Ranchers Act, would cancel significant educational debt for those qualifying as “a beginning farmer or rancher” as well as minority, women, and veteran farmers.
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Pennsylvania student loan borrowers will receive over $70 million in relief as part of a national settlement with Navient, one of the nation’s largest student loan servicers.
Attorney General Josh Shapiro said Navient will provide $1.85 billion to resolve allegations of unfair, deceptive, and abusive loan servicing practices dating back more than a decade.
“Navient repeatedly and deliberately put profits ahead of its borrowers – it engaged in deceptive and abusive practices, targeted students who it knew would struggle to pay loans back, and placed an unfair burden on people trying to improve their lives through education,” Shaprio said in a statement.
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The Tennessee General Assembly is considering requiring more transparency when it comes to higher education. If passed, the “Students Right to Know Act” would require the Tennessee Higher Education Commission (THEC) to publish a database concerning different state universities or vocational schools’ attendance costs, monthly student loan payments, graduation or completion rates, and post-graduate salaries.
The bill was introduced by State Representative Kent Calfee (R-Kingston) and State Senator Kerry Roberts (R-Springfield). The latest amendments to the act rewrote the bill to clarify and expand its scope – as well as expand the data to be included within the database on military options for students.
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