Tag: United States Department of Education

Schools across the U.S. will soon be able to order free COVID tests
Health

Schools across the U.S. will soon be able to order free COVID tests

Schools across the country will soon have the ability to order free COVID tests, courtesy of the Biden administration, the U.S. Department of Education announced Wednesday. The tests will be available starting in December, and schools can use them to supply students, families, staff and larger school communities."These self-tests are easy to use and can play an important role in preventing the spread of COVID-19," said Roberto Rodriguez, the Education Department's assistant secretary for planning, evaluation and policy development."We encourage schools to make use of these free resources to safeguard students, parents, and staff throughout the 2023-24 school year." COVID-19 antigen rapid test kits are pictured. ...
More than 300,000 student borrowers given wrong repayment information, Education Department says
Money

More than 300,000 student borrowers given wrong repayment information, Education Department says

More than 300,000 people were given incorrect information about their student loan repayments as resumption of debt payments began this month, the Education Department said on Thursday. The agency has directed servicers to alert affected borrowers and place them into administrative forbearance until their correct payment amount is calculated in order to minimize the impact on them, the Education Department told CBS MoneyWatch. The issue is affecting some borrowers in the new income-driven repayment plan from the Biden administration, called the SAVE plan, including some that should have had $0 owed under the new structure, the agency said. The mistake adds to some of the problems facing borrowers this month as their payments are due for the first time in more than three years, including c...
More than 800,000 student loan borrowers are getting billions of dollars in debt forgiveness this week
Money

More than 800,000 student loan borrowers are getting billions of dollars in debt forgiveness this week

This week, more than 800,000 student loan borrowers with billions of dollars in debt will start to have their loans discharged.The one-time account adjustment comes after the Biden administration last month announced it would forgive student loans for 804,000 borrowers with a combined $39 billion in federal student loan debt. These borrowers have been in income-driven repayment (IDR) plans for more than 20 years and "never got the credit they earned" under IDR plans, the White House said in a statement Monday."Hundreds of thousands of borrowers weren't accurately getting credit for student loan payments that should have delivered them forgiveness under income-driven repayment plans," President Joe Biden said in the statement. They "will start to see their student debt canceled" this week....