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College Financial Aid and Scholarship

Canceling Student Debt Prevents Child Tax Credit Seizure, Orgs Say [Video]

Falling behind on student-loan payments not only impacts borrowers’ credit scores — it can prevent them from receiving critical benefits, like the child tax credit Biden starting sending out in July as monthly checks to families.

Over 100 organizations said the 9 million defaulted borrowers cannot afford to lose additional benefits, and the best way to prevent that is student-debt cancellation.

Public Citizen, a progressive nonprofit, led 104 organizations last week in sending a letter to President Joe Biden urging student-debt cancellation before payments resume in February — and if he doesn’t cancel student debt, they are pushing for an extension of the payment pause. The letter highlighted a number of benefits student debt cancellation would bring to borrowers, the economy, and racial justice, with one of those reasons being protecting borrowers with children who rely on the child tax credit (CTC).

“The nearly nine million borrowers who are in default on federal student loans, most of whom …

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College Financial Aid and Scholarship Family Lifestyle Saving for College

Gayle King Will Ban Unvaccinated Family Members From Her Thanksgiving Vacation: That's How Strongly I'm Taking The Situation [Video]

Gayle King Will Ban Unvaccinated Family Members From Her Thanksgiving Vacation: That's How Strongly I'm Taking The Situation Gayle King is not playing