Loan Forgiveness

Biden Cancels $6 Billion in Debt for Grads of Failed Art Institutes
Biden Cancels $6 Billion in Debt for Grads of Failed Art Institutes
May 01, 2024  |  Loans

The White House has forgiven $6.1 billion in loans for Art Institutes graduates. That’s because, the Department of Education said in a news release Wednesday (May 1),...

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Biden Administration Brings Student Loan Debt Relief Total to $136.6 Billion
Biden Administration Brings Student Loan Debt Relief Total to $136.6 Billion
January 19, 2024  |  Loans

The Biden Administration has approved an additional $4.9 billion in student loan debt relief for 73,600 borrowers. This brings the total loan forgiveness approved by...

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Trade School Student Loan FinTech Fynn Boosts Borrower Benefits
Trade School Student Loan FinTech Fynn Boosts Borrower Benefits
August 29, 2023  |  Loans

To provide more flexibility and support to trade school student loan borrowers, Fynn, a fintech lender specializing in private student loans, announced expansions to its benefits package on...

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Biden Administration Unveils Student Loan Repayment Plan
Biden Administration Unveils Student Loan Repayment Plan
August 22, 2023  |  Loans

The Biden Administration has unveiled a student loan repayment initiative that is set to benefit over 20 million borrowers. The Saving on a Valuable Education...

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Biden Student Loan ‘On-Ramp’ Shields Borrowers Who Miss Student Loan Payments
Biden Student Loan ‘On-Ramp’ Shields Borrowers Who Miss Student Loan Payments
July 05, 2023  |  Loans

The White House wants to offer debt relief to student loan borrowers as payments resume. According to an announcement last week by the U.S. Department of Education, the...

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Some Student Loan Borrowers Get Refunds for Payments in Pandemic
Some Student Loan Borrowers Get Refunds for Payments in Pandemic
November 01, 2022  |  Loans

Despite a legal challenge to its student loan forgiveness program, the federal government is reportedly sending refund checks for student loan payments that borrowers made...

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Addressing Government Assistance Pain Points for Small Business
Addressing Government Assistance Pain Points for Small Business
October 05, 2022  |  Money Mobility

In this month’s “Money Mobility Tracker®,” PYMNTS analyzes why the record surge in stimulus checks made clear why governments need the ability to make digital...

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AICPA, CPA.com Roll Out Tool For PPP Forgiveness
AICPA, CPA.com Roll Out Tool For PPP Forgiveness
July 20, 2020  |  B2B Payments

To automate the Paycheck Protection Program (PPP) forgiveness procedure for small- to medium-sized business (SMB) owners, the American Institute of Certified Public Accountants (AICPA) and...

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PPP Loans, Cash Crunches And Now, The Specter Of Public Shame
PPP Loans, Cash Crunches And Now, The Specter Of Public Shame
July 08, 2020  |  SMBs

And now: Stimulus funding as a tool for public shaming. Depending on how you look at it, the fact that roughly $130 billion is left...

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