AT THE BEGINNING of 2022, Zero Debt Massachusetts set as legislative priority passage of a bill to block any state agency or board of registration from denying or revoking any license or professional or occupational certificate, registration, or authority based on an individual’s default on an educational loan. This legislative amendment, filed in the House […]
student loans
Posted inOpinion
Forgiving student loans is not the best policy
ANY DAY NOW, President Biden is expected to make an announcement that his administration will be cancelling up to $10,000 in college student loan debt for each borrower. A lot of people are going to be unhappy about that. Borrowers with much larger loan balances hoping for greater relief will be deeply disappointed. Democrats like […]
Posted inEducation
Navient will repay Mass. student borrowers $43.2m
MASSACHUSETTS STUDENT loan borrowers whose private loans were serviced by Navient will get $41 million of those loans forgiven, under a national settlement announced Thursday by Attorney General Maura Healey. The $41 million will go to 1,523 borrowers who obtained private loans through Navient, providing relief that Healey said could be tens of thousands of […]