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☆ Hot Healthcare Hiring Bolsters Cooling U.S. Labor Market
▼ + stars: | 2023-11-26 | by ( Gwynn Guilford | Gabriel T. Rubin | ) www.wsj.com time to read: 1 min

Healthcare providers accounted for 30% of U.S. job gains in the six months through October. Photo: Lauren Petracca for The Wall Street JournalA healthcare hiring boom is helping offset weaker job growth in other areas of the softening U.S. economy, boosting its chances of skirting a recession. The industry could serve as a strong job generator for years to come as an aging population and Covid-19 fuel widespread worker shortages and greater needs for healthcare services.

Persons: Lauren Petracca Organizations: Wall

☆ Student Borrowers Tap a New Path to Loan Forgiveness: Bankruptcy
▼ + stars: | 2023-11-16 | by ( Gabriel T. Rubin | ) www.wsj.com time to read: 1 min

Around 40 million borrowers hold $1.6 trillion in federal student debt. Photo: Carlos Osorio/Associated PressWASHINGTON—More Americans are filing for bankruptcy to get rid of their student debt. The increase came after the Biden administration made it easier for student borrowers to apply for bankruptcy by overhauling its guidelines last November. The government now supports borrowers’ use of bankruptcy to eliminate student debt when they meet certain economic hardship conditions. That is a sharp change from the old, far more adversarial procedure that borrowers found confusing and intimidating.

Persons: Carlos Osorio, Biden Organizations: Associated Press WASHINGTON —

☆ U.S. Orders Grand Canyon University to Pay Record $37.7 Million Fine
▼ + stars: | 2023-10-31 | by ( Gabriel T. Rubin | ) www.wsj.com time to read: 1 min

A fine against Grand Canyon University is the latest action by the Biden administration that aims to root out misbehavior by institutions connected to the federal student-loan system. Photo: Ting Shen for The Wall Street JournalThe Biden administration accused Grand Canyon University of misleading doctoral students about tuition costs, imposing its first significant punishment to a college on Tuesday. The Education Department ordered the Phoenix-based Christian school to pay a fine of $37.7 million, the largest ever of its kind. The school, which has an enrollment of more than 100,000 on-campus and online, will also need to comply with a series of special disclosure requirements for the next few years.

Persons: Biden, Ting Shen Organizations: Grand Canyon University, Wall Street, Education Department

☆ Student Loan Processor Mohela Punished for Millions of Late Billing Notices
▼ + stars: | 2023-10-30 | by ( Gabriel T. Rubin | ) www.wsj.com time to read: 1 min

The Education Department said that around 2.5 million borrowers didn’t receive billing statements from Mohela according to schedule. Photo: Ting Shen for The Wall Street JournalThe Education Department will withhold a $7.2 million monthly payment for a major student loan processor because it failed to send out timely billing notices to millions of borrowers. The Monday move against Mohela, the Missouri Higher Education Loan Authority, comes as the government and the contractors who handle the billing and repayment program enrollment for federal student loans struggle with returning 28 million borrowers to repayment after a more than three-year pandemic-era pause.

Persons: Ting Shen Organizations: Education Department, Wall Street, Mohela, Missouri Higher Education Loan Authority Locations: Missouri

☆ Biden Has Canceled About $127 Billion of Student Loans Despite Supreme Court Ruling. Here’s How.
▼ + stars: | 2023-10-28 | by ( Gabriel T. Rubin | Rosie Ettenheim | ) www.wsj.com time to read: 1 min

More than three million borrowers have had $127 billion of their federal student loans flagged for cancellation, despite a Supreme Court ruling in June that blocked relief for millions more student-loan holders. The high court ruled that the Biden administration couldn’t cancel hundreds of billions of dollars for tens millions of student-loan holders, reasoning that the authority for such a broad-based policy doesn’t exist under the law. While that closed one path, Biden tapped a variety of different tools that no previous president had ever used to this extent.

Persons: Biden

☆ Student-Loan Payment Processors Draw Probe on Wait Times, Borrower Advice
▼ + stars: | 2023-10-27 | by ( Gabriel T. Rubin | ) www.wsj.com time to read: 1 min

President Biden in early October said his administration would forgive student debt for another group of borrowers, canceling $9 billion in debt for 125,000 people. Photo: Kevin Dietsch/Getty ImagesThe federal government is investigating allegations of botched customer service by loan processing companies over their handling of questions about the resumption of student-loan repayments following a three-year pandemic pause. Borrowers have said they faced long delays on customer-service lines, with many hanging up after hearing estimates of lengthy wait times, people familiar with the matter said. Borrowers have also complained about the guidance that customer-service representatives or the companies’ automated systems are providing.

Persons: Biden, Kevin Dietsch

Rep. Jim Jordan of Ohio was removed as GOP nominee for speaker in a secret ballot after he lost his third bid on Friday. Rep. Kevin McCarthy, the previous speaker, was ousted more than two weeks ago. Jim Jordan withdrew his bid to become House speaker after the fiery conservative lost both a public and private vote Friday, sending divided House Republicans back to the starting line in their weekslong quest to elect a leader and pass urgent legislation. Jordan’s defeat marked the latest fallout from the ouster earlier this month of Speaker Kevin McCarthy (R., Calif.), with House Majority Leader Steve Scalise (R., La.) and now Jordan winning the party’s nod only to fall short of the gavel because of internal GOP opposition.

Persons: Jim Jordan of, Kevin McCarthy, Valerie Plesch, Jim Jordan, Steve Scalise Organizations: Bloomberg WASHINGTON — Rep, Republicans, Jordan Locations: Jim Jordan of Ohio, Calif, Israel, Ukraine

☆ Pressure Campaign by Jim Jordan Supporters Backfires in House Speaker Race
▼ + stars: | 2023-10-19 | by ( Gabriel T. Rubin | ) www.wsj.com time to read: 1 min

WASHINGTON—Rep. Jim Jordan ’s passionate Republican supporters were supposed to help his campaign for House speaker. Instead, they may be sinking his chances, with lawmakers opposing his run complaining of bullying calls and even death threats. For days, outside allies, including party activists and media personalities, have turned up the heat on recalcitrant Republican lawmakers, pressing them to back Jordan. But their campaign may have backfired, hardening the opposition of holdout Republicans who would prefer to look elsewhere for a new leader.

Persons: Jim Jordan ’ Organizations: WASHINGTON — Rep, Republican Locations: Jordan

Rep. Jim Jordan (R., Ohio) has scuffled in his efforts to become the next House speaker. Photo: Chip Somodevilla/Getty ImagesWASHINGTON—Struggling Republican speaker nominee Rep. Jim Jordan postponed to Friday morning a third floor vote after a plan to temporarily put caretaker speaker Rep. Patrick McHenry in charge of the House ran into sharp objections from conservatives. Jordan’s push to have a third vote on his candidacy Thursday fell apart as the Ohio conservative met continued resistance from his opponents during a meeting in a House office. As some trickled out, there was no sign he had managed to change their minds.

Persons: Jim Jordan, Chip Somodevilla, Patrick McHenry Organizations: Getty, WASHINGTON — Locations: , Ohio, Ohio

Reps. Patrick McHenry and Jim Jordan consulted on speaker talks in the House Wednesday. Photo: Tom Williams/Zuma PressWASHINGTON—Republican speaker nominee Rep. Jim Jordan said he would embark on a third floor vote after a plan to temporarily put caretaker speaker Rep. Patrick McHenry in charge of the House ran into sharp objections from conservatives. “I am still running for speaker and I plan to go to the floor and get the votes and win this race,” Jordan said after leaving a heated closed-door meeting of House Republicans. He said that he first wanted to talk to the GOP lawmakers who voted against him, and that a pitch to elect a temporary speaker didn’t have the support of the conference.

Persons: Patrick McHenry, Jim Jordan, Tom Williams, “, ” Jordan Organizations: Zuma Press WASHINGTON, House Republicans

☆ What to Watch in the CPI Report: A Mild Inflation Reading Could Keep Fed on Hold
▼ + stars: | 2023-10-12 | by ( Gabriel T. Rubin | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/economy/central-banking/cpi-report-september-mild-inflation-862679f7

Persons: Dow Jones

☆ This Inflation Report Won’t Let the Fed Declare Victory
▼ + stars: | 2023-10-12 | by ( Gabriel T. Rubin | Nick Timiraos | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ How the White House Keeps Canceling Student Debt After Supreme Court Ruling
▼ + stars: | 2023-10-04 | by ( Gabriel T. Rubin | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/politics/policy/how-the-white-house-keeps-canceling-student-debt-after-supreme-court-ruling-c309476e

Persons: Dow Jones, c309476e

☆ Why Now Is a Horrible Time to Refinance Student Loans
▼ + stars: | 2023-09-27 | by ( Gabriel T. Rubin | Rosie Ettenheim | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/personal-finance/why-now-is-a-horrible-time-to-refinance-student-loans-e3ddcd17

Persons: Dow Jones

☆ A New Student-Loan Plan Promises to Lower Repayments. Should You Make a Change?
▼ + stars: | 2023-09-17 | by ( Julia Carpenter | Gabriel T. Rubin | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/personal-finance/student-loan-save-repayment-plan-95b256a7

Persons: Dow Jones

☆ Student-Loan Restart Threatens to Pull $100 Billion Out of Consumers’ Pockets
▼ + stars: | 2023-09-17 | by ( Gabriel T. Rubin | Joe Pinsker | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/personal-finance/student-loan-repayment-consumers-economy-2218ca25

Persons: Dow Jones

☆ Student Loans Are Emerging From Deep Freeze, and Borrowers Are Confused
▼ + stars: | 2023-08-28 | by ( Gabriel T. Rubin | Julia Carpenter | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/personal-finance/student-loans-are-emerging-from-deep-freeze-and-borrowers-are-confused-322e184f

Persons: Dow Jones

☆ Relief for Defrauded Student Borrowers Frozen by Court
▼ + stars: | 2023-08-07 | by ( Gabriel T. Rubin | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/relief-for-defrauded-student-borrowers-frozen-by-court-1e4e0121

Persons: Dow Jones

☆ Hiring Has Stayed Strong. Here’s Where to Look for Signs of Cooling.
▼ + stars: | 2023-08-04 | by ( Gabriel T. Rubin | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/jobs-report-july-today-unemployment-economy-d9af32f3

Persons: Dow Jones

☆ Student Borrowers, After Three-Year Reprieve, Must Now Pay
▼ + stars: | 2023-07-02 | by ( Gabriel T. Rubin | Andrew Restuccia | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ White House Prepares for Possibility Supreme Court Could Kill Student Loan Forgiveness Plan
▼ + stars: | 2023-06-08 | by ( Andrew Restuccia | Gabriel T. Rubin | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/white-house-prepares-for-possibility-supreme-court-could-kill-student-loan-forgiveness-plan-8c17d89f

Persons: Dow Jones

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/west-coast-states-rode-the-tech-boom-now-they-face-higher-unemployment-falling-wages-83318105

Persons: Dow Jones

☆ Jobs Report Expected to Show Unemployment Still Historically Low
▼ + stars: | 2023-06-02 | by ( Gabriel T. Rubin | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/may-jobs-report-unemployment-rate-economy-growth-2023-65ae1e96

Persons: Dow Jones

☆ U.S. Labor Market Shows Resilience With Strong May Hiring
▼ + stars: | 2023-06-02 | by ( Gabriel T. Rubin | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Debt Ceiling Deal Locks In Restart of Student Loan Payments
▼ + stars: | 2023-05-31 | by ( Gabriel T. Rubin | Andrew Restuccia | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

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