DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
— - 2 Sen - 2 Elizabeth Warren - 2 Holder - 2 Warren - 2 Navient - 2 Eileen Connor - 2 Leandro Pucci - 1
Top related locs:
Navient Venezuela California Cardona
Top related orgs:
Service - 2 Business - 2 Consumer Financial - 2 Art Institute - 1 Joe Biden's Education Department - 1 Navient - 1 Education Department - 1 Bureau - 1

Search resuls for: "Eileen Connor"


7 mentions found


☆ These student-loan borrowers qualify for debt cancellation through the government, but they're struggling to get the same relief on their private balances: 'I feel so defeated. I feel trapped.'
  + stars: | 2024-06-22 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +13 min
Every paycheck I get goes to Navient," Pucci, 59, told BI. I feel trapped, and this has been so traumatic, especially the last couple of months, it's been really, really difficult." The lender, instead, can decide how it wants to craft a relief process, if at all. AdvertisementBut Linssen's efforts paid off — she got $70,000 in private loans discharged in May. While Nave also eventually got her private loans relieved after filing complaints with the CFPB, she doesn't understand why it has to be this way.
Persons: —, Leandro Pucci, Joe Biden's, hasn't, Pucci, it's, " Pucci, Sen, Elizabeth Warren, Holder, Warren, Navient, he's, Julia Barnard, Barnard, Theresa, Christman, Theresa Christman Theresa Christman, Eileen Connor, PPSL, haven't, Connor, I've, Victoria Linssen, Jennifer Nave, Linssen, aren't, Brooks, Victoria, Victoria Linssen Victoria Linssen, Nave, they're, — Navient, Nick Eucker, Eucker Organizations: Service, Art Institute, Business, Joe Biden's Education Department, Navient, Education Department, Consumer Financial, Bureau, Education, BI, International Academy of Design, Technology, Brooks Institute, DeVry University, Victoria Linssen Victoria Locations: Venezuela, California, Navient, Cardona
☆ Some student-loan borrowers with private debt have a chance to get their balances wiped out — but they have to ask for it
  + stars: | 2024-06-04 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +4 min
Read previewThere's a process for some private student-loan borrowers to get debt relief — but many of them might not know about it. In April, Business Insider first reported that Sen. Elizabeth Warren, along with eight of her Democratic colleagues, were calling on Navient — a major private student-loan company — to cancel "decades-old predatory private student loans" under consumer protection law. While some borrowers have started to receive the application from Navient, Warren and her colleagues still urged the company to automate the process and give private borrowers the same relief federal borrowers may have already received. Still, Warren wrote on X that the process should not be "wildly confusing" — and all private borrowers who qualify for debt relief if they were defrauded should have no problem getting it. Have you received an application for private student-debt relief from Navient, or are you still struggling to get relief?
Persons: —, Sen, Elizabeth Warren, Holder, Navient, Eileen Connor, We're, Warren Organizations: Service, Business, Democratic, Navient's, Consumer Financial, The New York Times Locations: Navient
☆ Supreme Court declined to block $6 billion student loan settlement. Here's who qualifies for forgiveness
  + stars: | 2023-04-17 | by ( Annie Nova | ) www.cnbc.com   time to read: +1 min
The Supreme Court last week declined to block the settlement of a class-action lawsuit brought by student loan borrowers who say they've been defrauded by their schools. Now, the U.S. Department of Education will be able to continue delivering on the $6 billion loan forgiveness settlement. More than 150 schools, mostly for-profit institutions, were involved in the settlement. Three of those institutions — Lincoln Educational Services Corp., American National University and Everglades College Inc. — had petitioned the highest court. They've argued that they were denied due process with the settlement and that it harms their reputation.
☆ U.S. Supreme Court won't halt $6 billion student debt settlement
  + stars: | 2023-04-13 | by ( John Kruzel | ) www.reuters.com   time to read: +4 min
Around 3,500 borrowers entitled to automatic loan discharge under the settlement attended one of the three schools. The decision was separate from a case pending before the high court over the legality of President Joe Biden's plan to cancel $430 billion in student debt for about 40 million borrowers. The message is clear: the rights of student borrowers will not falter, even in the face of well-funded, overblown political attacks masquerading as legal argument," Connor told Reuters. Twenty conservative-leaning U.S. states, led by Ohio, had asked the Supreme Court to grant the request by the schools to pause further loan discharges under the settlement. Around 78,000 borrowers had already received loan discharges by April 11, the Biden administration told the justices in a court filing.
☆ A federal judge just ruled $6 billion in student-debt cancellation can move forward for 200,000 defrauded borrowers, saying the decision will 'allow them to not only to move on, but also to move up, e
  + stars: | 2023-02-27 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +4 min
A federal judge ruled that $6 billion in student-debt relief for 200,000 borrowers can move forward. Since the lawsuit wasn't resolved under Trump, President Joe Biden took it on and agreed to a settlement to give borrowers relief. And it gives plaintiffs, who have languished in borrower-defense application limbo, their long-awaited relief," Alsup wrote in his decision. "They have already waited years for the resolution of their borrower defense ('BD') applications, some of which have been pending since 2015," the filing said. Along with automatic relief for 200,000 borrowers, the settlement also allows for a streamlined review of another 64,000 borrower defense applications.
☆ 200,000 student-loan borrowers will be 'severely harmed' if a judge rules in favor of 3 companies who want to block them from getting $6 billion in debt relief, a new legal filing says
  + stars: | 2023-02-02 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +4 min
A federal judge signed off on a settlement giving 200,000 student-loan borrowers $6 billion in debt relief last year. In January, three companies requested a stay on the relief, citing reputational harm the settlement brought them. Borrowers in the case recently filed a motion opposing the stay due to the harm postponing the relief would bring. Some of the borrowers who were set to see debt forgiveness attended colleges run by those companies, which were among many named in the November settlement. One hundred and forty-four borrowers have submitted declarations attesting to the harm a stay would cause them."
☆ 200,000 student-loan borrowers were just granted $6 billion in debt relief after a federal judge approved a settlement with Biden's Education Department
  + stars: | 2022-11-17 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +4 min
A federal judge granted final approval of a settlement involving defrauded student-loan borrowers. 200,000 borrowers are expected to get $6 billion in debt relief, and the department will review other pending claims. The 2019 lawsuit was filed in response to a backlog of borrower defense claims that hadn't been processed. The Secretary's improper delay and suspension of processing claims for debt relief has directly led to a specific economic injury to each class member. "It immediately delivers certainty and relief to borrowers who have been waiting years for a fair resolution of their borrower defense claims," she added.
0 next >>
Total: 7