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By Bria Overs | Word In Black - The Debt Collective canceled nearly $10 million in student debt for over 2,700 former students of Morehouse College, in an effort to uphold President Biden's campaign promise to eliminate all student debt held by HBCU graduates.
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NEW YORK – Attorney General Letitia James provided tips to New York borrowers on how to manage their federal student loans when payments resume in October. Federal student loan interest accrual resumed this month and payments will be due in October 2023. James also urged New Yorkers to be cautious of scammers posing as student […]
The Education Department says it immediately directed servicers to notify affected borrowers and put them into administrative forbearance until they were able to calculate the correct payment amount.
With the burdens of student debt falling disproportionately on Black students, this blog suggests new policy responses to address the inequities.