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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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U.S. Rep. Jahana Hayes (D-CT) and Senator Debbie Stabenow (D-MI) plan to cut the possible financial burdens that come with teaching in the Teacher Debt Relief Act.
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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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Millions of New Yorkers are estimated to have questions about qualifying for President Biden’s student loan forgiveness program.
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Connecticut is trying a new approach to the regional issue of attracting and retaining teachers of color by offering a new student loan assistance program for educators from diverse backgrounds to teach in the state’s 36 poorest urban and rural school districts.
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Bridgeport officials want to expand the city’s downtown with new luxury and affordable housing developments.
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The proposed bill would pay $5,000 of a borrower’s loan each year they are in the program for up to five years.