Apple inserts a laughable trick into its new privacy policy | ZDNet

If you want to opt-out of this increased, if allegedly anonymized, distribution of (more of) your personal financial details, you have to really make an effort. You have to send Apple’s privacy team an email. And not just any old email. This email has to be headed: “Apple Relationship Data and Apple Card.” And then, … More Apple inserts a laughable trick into its new privacy policy | ZDNet

Coronavirus shutdown: Consumer advocates worry about $100 billion private student loan market

“When we are talking about how student loan borrowers are impacted by this crisis, we can’t lose sight of the millions of borrowers with private student loans,” Seth Frotman, former student loan ombudsman at the Consumer Financial Protection Bureau, told Yahoo Finance. “The private student loan market is overshadowed by the enormous federal student market… … More Coronavirus shutdown: Consumer advocates worry about $100 billion private student loan market

How to apply for an income-driven repayment plan for your student loan – Business Insider

What is an income-driven repayment plan? First thing’s first – what are we even talking about here? Once you graduate and it’s time to begin payment on your federal loans, the federal government will automatically set you up with the Standard Repayment Plan, a program that consists of 10 years of fixed monthly payments. Meaning … More How to apply for an income-driven repayment plan for your student loan – Business Insider

The Stop Trading on Congressional Knowledge (STOCK) Act

The Stop Trading on Congressional Knowledge Act, or “STOCK Act” for short, made it illegal for members of Congress to engage in insider trading. The act was passed in April 2012, during the presidency of Barack Obama. In April 2013, Congress amended the STOCK Act, loosening its financial disclosure requirements and making it more difficult … More The Stop Trading on Congressional Knowledge (STOCK) Act

Elizabeth Warren calls for canceling student loan payments during coronavirus emergency

The proposal would require the government to make the monthly payments for everyone with federal student loans, wiping away some of their debt. It guarantees a minimum of $10,000 in debt relief per borrower. If that amount isn’t met by the end of the national emergency, the proposal requires the government to make additional payments … More Elizabeth Warren calls for canceling student loan payments during coronavirus emergency

Senate Votes To Overturn Betsy DeVos Decision To Withhold Debt Relief From Defrauded Students

Using the Congressional Review Act, the Senate has joined the House of Representatives to stop Secretary DeVos from implementing a new rule she has put into place. According to Miller, “the formula makes it mathematically impossible for borrowers from one third of programs to have any shot at full forgiveness.” That’s because the formula used … More Senate Votes To Overturn Betsy DeVos Decision To Withhold Debt Relief From Defrauded Students

Trump: I’m Waiving Interest On Student Loans

In an effort to mitigate the economic impact of coronavirus for every day Americans, Trump said he will waive interest on all federal student loans held by the federal government agencies. This emergency executive action comes hours after Treasury Secretary Steve Mnuchin told CNBC that temporary suspension of interest on student loans was “one of … More Trump: I’m Waiving Interest On Student Loans

How Bloomberg would make community college free and overhaul student loans – POLITICO

Democratic presidential candidate Mike Bloomberg on Tuesday released a new $700 billion higher education plan that calls for free community college and doubling Pell Grants for low-income students. The former New York City mayor’s proposal would significantly increase federal spending on higher education and aims to target those subsidies to lower-income families. It doesn’t go as far … More How Bloomberg would make community college free and overhaul student loans – POLITICO

What It’s Like Living with Debt in Student Loan Crisis | PEOPLE.com | PEOPLE.com

Millions of Americans have borrowed more than $1 trillion in student loans, a looming “crisis” that is front-and-center in the 2020 presidential election. Some 44 million people in the United States are similarly saddled with student loan debt, owing nearly $1.5 trillion. Last fall, Education Secretary Betsy DeVos called it “a crisis.” More and more … More What It’s Like Living with Debt in Student Loan Crisis | PEOPLE.com | PEOPLE.com

Do You Really Need Student Loan Forgiveness?

The latest student loan debt statistics show that 45 million borrowers collectively owe $1.6 trillion of student loan debt. Today, according to Make Lemonade, student loan debt is the second highest category of consumer debt behind mortgages. Certainly, each borrower’s financial situation is unique. Supporters of wide-scale student loan forgiveness cite, among other issues, the … More Do You Really Need Student Loan Forgiveness?