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☆ Michael Oher: 'The Blind Side' star's long effort to correct the record
▼ + stars: | 2023-08-15 | by ( Eric Levenson | ) edition.cnn.com time to read: +12 min

CNN —In his 2011 memoir, Michael Oher wrote that he had a special skill for forgetting his difficult past. Sean Tuohy told the Daily Memphian that his family was devastated. In 2003, he began to stay more often with the Tuohy family, whose daughter Collins also attended Briarcrest. Another contract from April 2007 exists that was “purportedly signed by Michael Oher” in which Oher gives away his name, likeness, voice, etc. “It’s hard because you have to defend yourself, but whatever he wants, we’ll do,” Sean Tuohy said, according to the Daily Memphian.

Persons: CNN —, Michael Oher, “, ”, Oher, White, Sean, Leigh Anne Tuohy, Steve Farese, Sean Tuohy, Michael, Don Yaeger, “ ‘, I’d, Ole Miss Michael Oher, Ole, Matthew Sharpe, ” Oher, Michael Lewis, Lewis, Mike, Collins, Tuohy, David Bergman, Sandra Bullock, Oscar, Lily Collins, Tim McGraw, Jae, Quinton Aaron, Warner, Larry French, “ Michael, Michael Oher’s, Oher “, Michael Oher ”, ” Tuohy, “ We’re, he’d, ‘, You’ve, It’s, Sean Tuohy Jr, ’ ”, Tiffany Roy, Kobi, Kierstin, Jim Rome, that’s, ’ Organizations: CNN, ”, Ole Miss, Mississippi State, Briarcrest Christian School, University of Mississippi, Baltimore Ravens, AP, Academy, Warner Bros, Baltimore, Tennessee Titans, Carolina Panthers, NFL, Foundation, Creative Artists Agency, Daily, Barstool Radio, ’ ” CNN Locations: Memphis, Tennessee, Oxford , Mississippi, Baltimore

☆ The Supreme Court justices paid an average of $42,539 to go to college. Today, they'd have to pay around $320,531.
▼ + stars: | 2023-06-30 | by ( Sarah Al-Arshani | ) www.businessinsider.com time to read: +6 min

The Supreme Court struck down Biden's student loan forgiveness plan. Student loan payments will likely resume in October. For the justices behind the decision, the cost of an undergraduate degree was much cheaper when they were in school. According to EDI, there was a 2,807% increase in the average student loan debt at graduation between 1970 and 2021 before adjusting for inflation. Student loan borrowers gathered at the Supreme Court today to tell the court that student loan relief is legal on January 2, 2023.

Persons: —, Joe Biden's, Biden, Clarence Thomas, Wally McNamee, Samuel Alito, Sonia Sotomayor, Elena Kagan, John Roberts, Ketanji Brown Jackson, Roberts, Jackson, Brett Kavanaugh, Neil Gorsuch, Amy Coney Barrett, Larry French, Thomas, Gorsuch Organizations: Service, Republicans, White, Education Data Initiative, The College of, Princeton University, Harvard, Yale, Columbia University, Rhodes College, Associated Press, AP

☆ If Student Loan Forgiveness Is Overturned by the Supreme Court, Refinancers Are Waiting
▼ + stars: | 2023-03-07 | by ( Thomas Gokey | ) www.businessinsider.com time to read: +16 min

The PSLF program cancels federal student loans for people who work in public-service jobs for 10 years, and the impact of relief is profound. In the process, borrowers forfeit many protections that come with federal student loans, including the chance to get their loans canceled. In one survey, more than one-third of respondents who refinanced their federal student loans said they eventually came to regret it. President Biden announced a plan to cancel $10,000 in student loan debt, but if you privately refinanced, you won't benefit. Most private student loans allow for some kind of "cosigner release" so no one else is on the hook for your loans.

☆ The Supreme Court justices deciding whether to axe Biden's student loan relief program paid an average of $42,539 to go to college. Today, they'd have to pay around $320,531.
▼ + stars: | 2023-03-01 | by ( Sarah Al-Arshani | ) www.businessinsider.com time to read: +8 min

The Supreme Court heard oral arguments for Biden's student debt relief on Tuesday. The cost of getting an undergraduate degree was significantly cheaper when they graduated than now. When Roberts graduated in 1979, it cost $21,400; in 1992 when Jackson earned her undergraduate degree, it would have cost $75,360. When Roberts graduated in 1979, it cost $21,400; in 1992 when Jackson earned her undergraduate degree, it would have cost $75,360. Student loan borrowers gathered at the Supreme Court today to tell the court that student loan relief is legal on January 2, 2023.

Around 40% of outstanding federal student loan debt is now taken on post-college for master's and PhD programs. The average student debt balance among parents was more than $35,000 in 2018-19, up from around $5,000 in the early 1990s. Meanwhile, the private student loan market has grown more than 70% over the last decade, according to the Student Borrower Protection Center. Americans now owe more in private student loans than they do for past-due medical debt or payday loans. Every year millions of new students are pumped into the student loan system while current borrowers struggle to exit it.

☆ The Supreme Court heard Biden's loan forgiveness case today. Here's when we expect the court to rule on student loans.
▼ + stars: | 2023-02-28 | by ( Michelle Mark | ) www.businessinsider.com time to read: +6 min

The Supreme Court heard arguments on Tuesday over President Biden's student loan forgiveness plan. Both cases the Supreme Court heard on Tuesday are seeking to permanently block his policy from taking effect. But it wasn't until August of 2022 that Biden announced he would use the HEROES Act of 2003 to enact his long-promised student loan forgiveness plan. Biden's use of the HEROES Act to enact a vast student loan forgiveness plan caused immediate controversy. The Supreme Court heard oral arguments regarding two challenges to Biden's loan debt relief plan on Tuesday.

☆ Student-Debt Relief: Why Refinancing Your Student Loans Is a Trap
▼ + stars: | 2023-02-28 | by ( Thomas Gokey | ) www.businessinsider.com time to read: +15 min

The PSLF program cancels federal student loans for people who work in public-service jobs for 10 years, and the impact of relief is profound. In the process, borrowers forfeit many protections that come with federal student loans, including the chance to get their loans canceled. Recent changes to the law require private student loans to be discharged if you die, but that isn't the case with older loans. Most private student loans allow for some kind of "cosigner release" so no one else is on the hook for your loans. Refinancing companies make the system worse for everyonePrivate refinancing companies don't just hand out their loans to anyone.

☆ ‘The stakes are high.’ Why there’s a push for Congress to renew the expanded child tax credit this year
▼ + stars: | 2022-11-22 | by ( Lorie Konish | ) www.cnbc.com time to read: +5 min

Larry French | Getty Images Entertainment | Getty ImagesMillions of families received monthly checks of up to $300 per child in 2021, thanks to the expanded child tax credit. "Policy makers can expand the child tax credit, or they can fail to act and see the Rescue Plan's historic gains against child poverty evaporate." Now, the child tax credit has reverted to previous rules, for a total of $2,000 per child up under age 17. The current child tax credit phases in with earnings above $2,500. Sarah Silbiger | Bloomberg | Getty ImagesAs Congress seeks a way to include corporate tax breaks in upcoming legislation, some lawmakers say they will not support those efforts without a renewal of an expanded child tax credit.

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