People Want More Affordable Education Over Forgiven Debt

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National Public Radio (NPR) recently ran a poll to determine what Americans think about student-loan forgiveness. More than half the respondents favor President Biden’s plan to forgive $10,000 in student debt per borrower. Among people with outstanding student loans, 84 percent support Biden’s debt relief plan, and 68 percent want the Biden administration to forgive … Read more

Crocodile Tears: Congress Tinkers With Bankruptcy Code But Forgets Student Debtors

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President Biden signed the Bankruptcy Threshold Adjustment and Technical Corrections Act yesterday, and congressional leaders pat themselves on the back. According to Senator Chuck Grassley, one of the Senate bill’s sponsors, the new law will remove some hurdles to the bankruptcy process and “assist small businesses and working families to weather financial hardship and emerge … Read more

Harley-Davidson Told By FTC to Let People Repair Their Motorcycles

The Federal Trade Commission is taking action against motorcycle manufacturer Harley-Davidson Motor Company Group, LLC and Westinghouse outdoor generator maker MWE Investments, LLC for illegally restricting customers’ right to repair their purchased products. The FTC’s complaints charge that the companies’ warranties included terms that conveyed that the warranty is void if customers use independent dealers … Read more

Explain to Me Why My Bills Keep Going Up

Question: Dear Steve, I was supposed to be having my bill go down, not up. But instead, my credit kept getting worse. What am I missing here? They were taking $352&change from my account for damn near an entire year. So do you want to explain why my bills kept going up when they were … Read more

Are You One of These Students That Will Have Their Federal Student Loans Forgiven And Get All Payments Back?

The Department of Education has agreed to settle a case that began under the Trump Department of Education on June 25, 2019. The settlement is just awaiting Court approval. In that case, the Department of Education was accused of unreasonably delaying and withholding decisions on Borrower Defense to Repayment claims submitted by federal student loan … Read more