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According to the Education Data Initiative, more than 500,000 student loan borrowers in Connecticut collectively owe $18 billion. The state will allocate $6 million to reimburse thousands of borrowers for their 2024 payments.
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Connecticut has launched a new program to address a shortage of health care professionals. The program repays up to $50,000 in student loan debt for workers who commit to working full-time for at least two years in underserved areas.
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Borrowers in CT will see $13.7 million of student loan balances wiped out, with the potential for more who qualify in the coming months.
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Around 14% of CT residents have student loan debt. According to U.S. Senator Richard Blumenthal (D-CT), some borrowers have had administrative issues since payments returned in October.
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Connecticut residents still have access to student loan debt relief despite the U.S. Supreme Court striking down the Biden administration’s student loan forgiveness program.
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Connecticut lawmakers are considering legislation that would give a student debt reimbursement of up to $20,000.
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Millions of borrowers in Connecticut and across the country are in limbo as the fate of President Joe Biden’s plan to forgive up to $20,000 in federal student loan debt remains unclear amid legal challenges that will go before the U.S. Supreme Court.
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Over 1,300 borrowers will receive $19 million in private loan debt relief, and close to 5,000 borrowers will get $1.3 million in restitution.
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Some good news for Connecticut college students, what a new survey reveals about student mental health, Connecticut to receive millions in opioid…
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The state university system in Connecticut said it will forgive about $17 million worth of student debt that students took on during the COVID-19…