The Biden administration’s SAVE plan, which provides affordable student debt relief to millions of borrowers, is under threat by a proposed settlement between the Trump administration and the State of Missouri, which would disproportionately harm Black borrowers and make it difficult to cancel student debt for the next 10 years.
Tag: Black borrowers
Posted inNational
Hardball Student Loan Collections Will Hit Black Borrowers Most
The Trump administration’s decision to collect on federal student loans will disproportionately affect Black borrowers, who are already struggling with debt and racism in the labor market.
Posted inHomepage
How HBCU Students Can Access Enough Food
Black HBCU students are facing higher rates of food insecurity than students at predominantly white institutions, but there are ways they can access affordable, nutritious food.
Posted inFinance, National
Largest US Credit Union Scrutinized Over Significant Gaps Between Approval Rates for White and Black Borrowers
By Stacy M. Brown Navy Federal Credit Union, the largest credit union in the United States, is under fire for exhibiting the most substantial racial disparities in mortgage approval rates […]
Posted inEducation
Alarming Surge in Student Loan Scams Targets Americans; Biden’s SAVE Plan and Disproportionate Impact on Black Borrowers
By Stacy M. BrownNNPA Newswire Senior National Correspondent@StacyBrownMedia Amidst the impending resumption of student loan payments in October, scammers are intensifying their efforts to exploit borrowers, with more than 350,000 […]
Posted inEducation
Alarming Surge in Student Loan Scams Targets Americans; Biden’s SAVE Plan and Disproportionate Impact on Black Borrowers
By Stacy M. BrownNNPA Newswire Senior National Correspondent@StacyBrownMedia Amidst the impending resumption of student loan payments in October, scammers are intensifying their efforts to exploit borrowers, with more than 350,000 […]