Student loan borrowers are seeing a stark change in their payments after the Trump administration made significant changes to income-driven repayment plans. Some have seen their payments quadruple after programs such as former President Joe Biden’s SAVE plan were paused. Student loan payment amounts have skyrocketed Some recent graduates say their loan payments have quadrupled […]
The White House issued a new executive order on Friday, explained by a Fact Sheet with the misleading title “President Donald J. Trump Restores Public Service Loan Forgiveness.” White House bans loan forgiveness for so-called ‘anti-American activists’ The document began, “Today, President Donald J. Trump signed an Executive Order to end taxpayer-funded student loan forgiveness […]
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(BPRW) Alanna McCargo Named President and Chief Executive Officer of the Federal Home Loan Bank of San Francisco McCargo Brings Decades of Experience in Housing Finance, Community Development, and Financial Services (Black PR Wire) SAN FRANCISCO – FHLBank San Francisco (Bank) announced that its board of directors has named Alanna McCargo as the Bank’s next […]
(BPRW) Congressman Horsford Applauds Federal Home Loan Bank of San Francisco’s Initiatives to Close Racial Wealth Gap Through Innovative Mortgage Finance Solutions (Black PR Wire) SAN FRANCISCO – The Federal Home Loan Bank of San Francisco commends Congressman Steven Horsford’s (NV-04) unwavering commitment to closing the racial wealth gap and promoting homeownership opportunities for all […]
(BPRW) Congressman Horsford Applauds Federal Home Loan Bank of San Francisco’s Initiatives to Close Racial Wealth Gap Through Innovative Mortgage Finance Solutions (Black PR Wire) SAN FRANCISCO – The Federal Home Loan Bank of San Francisco commends Congressman Steven Horsford’s (NV-04) unwavering commitment to closing the racial wealth gap and promoting homeownership opportunities for all […]
The full website will launch this month. For now, borrowers can already enroll on the beta website. Those who sign up or are already signed up for the current Revised Pay as You Earn plan will automatically be enrolled in the SAVE plan once it is implemented. Applications take about 10 minutes to complete, and […]
In the second major conservative-leaning ruling Friday, the six conservative justices declared Biden’s student loan forgiveness plan unconstitutional. Chief Justice John Roberts, writing the majority opinion, held that the massive Biden forgiveness plan — which proposed forgiving amounts up to $10,000 or $20,000 for millions of qualified applicants — was beyond the scope of the […]
(BPRW) BLM Sets Up Student Relief Fund as Loan Forgiveness Stalls (Black PR Wire) Black Lives Matter Global Network Foundation launched their Student Solidarity Fund — an extension of the Black Lives Matter Survival Fund, where we gave $3 million in microgrants to Black individuals, families, small-business owners, and other folks experiencing financial hardship. Both then […]