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☆ When your kid comes out as trans, here’s what to do
▼ + stars: | 2024-06-02 | by ( Kristen Rogers | ) edition.cnn.com time to read: +11 min

CNN spoke with a doctor, gender rights activists and parents of trans children about what to say when a child comes out as transgender, how to address certain challenges and what receiving gender-affirming care is like. Some parents want to support their child but worry if their gender identity is the result of a phase, or if they’ll change their mind later. It would be their decision resulting from the exploration of their gender identity, rather than someone trying to control it for them. Rhyland’s son later realized he is trans masculine nonbinary and uses he/him pronouns, and he’s OK with Rhyland calling him her son. (Trans masculine nonbinary means someone’s gender identity is nonbinary, yet they present in a typically masculine fashion with their name, style and more.)

Persons: CNN — Maryhope Howland, ’ ”, Howland, didn’t, ” Howland, ”, Nova, Williams, Rachel Cornwell’s, Evan, Cornwell, ” Cornwell, “, Kade, It’s, Goepferd, “ There’s, ” Goepferd, Jocelyn Rhynard’s, Rhyland’s, aren’t, —, ” Rhynard, “ we’ve, ‘, ’, Rhynard, ’ ” Howland, Sarah McBride Organizations: CNN, Families United, Trans Rights, Dumbarton United Methodist Church, Human Rights Locations: Washington ,, Minnesota, Delaware

☆ Ukraine’s largest hydroelectric dam in critical condition after Russian strikes, authorities say
▼ + stars: | 2024-06-02 | by ( Niamh Kennedy | ) edition.cnn.com time to read: +2 min

CNN —Ukraine’s largest hydroelectric dam, the Dnipro Hydroelectric Power Plant (HPP), is in “critical condition” after it was hit in a Russian strike on Ukraine’s key energy facilities, authorities say. The head of the Zaporizhzhia region military administration, Ivan Fedorov, told Ukrainian television that the power plant can no longer produce electricity. Russia has continued its tactic of striking key energy facilities this week, with the Ukrainian Ministry of Energy warning Sunday of a “significant power shortage” as a knock-on effect of the strikes. Last year, the Nova Kakhovka dam, a major dam and hydro-electric power plant in Russian-occupied southern Ukraine collapsed. Russia denied any involvement in the disaster and in turn accused Ukraine of destroying the dam, without providing evidence.

Persons: CNN —, Ivan Fedorov, ”, Volodymyr Zelensky, Joe Biden, “ Organizations: CNN, Dnipro Hydroelectric Power, Ukrainian Ministry of Energy, ” Ukraine’s Ministry of Energy, Frankivsk Locations: Dnipro, Russia, Ukraine, Zaporizhzhia, Dnipropetrovsk, Donetsk, Kirovohrad, Ivano, Kyiv, Russian, Kharkiv, Singapore, Asia, Pacific, Nova, Moscow

☆ Survivors say Russia is waging a war of sexual violence in occupied areas of Ukraine. Men are often the victims
▼ + stars: | 2024-05-30 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +22 min

Editor’s Note: This story contains graphic and disturbing descriptions of sexual violence. Everywhere that Russian troops were located, we’re seeing cases of sexual violence and gender-based violence. But the real scale of sexual violence committed during the war may never come to light. Ukrainian officials say that it is difficult, but not impossible, to track down individual perpetrators of sexual violence crimes. Some survivors of sexual violence committed by the Bosnian Serb army during the Bosnian war in the early 1990s are only now coming forward.

Persons: Roman Shapovalenko, ”, —, Shapovalenko, ’, “, –, Chris McGrath, Anna Sosonska, Sosonska, ‘, ’ Roman Chernenko, Chernenko, …, ” Sosonska, Anna Mykytenko, ” Mykytenko, Mykytenko, Ukraine –, Vladimir Putin, Aleksey Smagin, Aleksandr Naumenko, Naumenko, – Oleksandr Chilengirov, Dmitry Laikov, Oleksii, ” Andrii, Andrii, Anna Voitenko, Putin, Russia’s, Maria Lvova, Oleksii Sivak, Sivak, ’ ”, ‘ we’re, ” Sivak Organizations: Kyiv CNN —, Russia’s Federal Security Service, Russian, CNN, Getty, United Nations Security, Ukraine’s, GRU, Russian Federal Penitentiary Service, Russia’s Ministry of Defense, Interior Ministry, National Guard, Kyodo, Criminal Court, ICC, UN, Global Rights, European Union, Ministry of Defense, Luhansk People’s Republics, Rosgvardia, Ukrainian, FSB’s Department, Defense, Constitutional, Terrorism, International Court of Justice, Kremlin Locations: Kyiv, Ukrainian, Kherson, Russia, Ukraine, Snihurivka, Moscow, Donetsk, Zaporizhzhia, Kharkiv, Crimea, Olenivka, Mariupol, Russian, Geneva, Rome, United States, United Kingdom, Luhansk, Russia’s Rostov, Nova Kakhovka, ‘, Bosnian

☆ Some wealthy people trying to sell their luxury homes are struggling
▼ + stars: | 2024-05-28 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +5 min

Read previewThe world of luxury real estate might seem like a place where deals are plentiful, transactions are swift, and satisfaction is guaranteed. "I wanna be free to garden and travel and not have to worry about the house — but I'm not taking nothing," Morgan told Curbed. "A lot of luxury buyers may already have a primary home, so maybe they're looking for a new investment," StreetEasy Senior Economist Lee said. AdvertisementThat's partly why more luxury buyers are increasingly considering renting out their homes rather than selling them, he added. Concierge AuctionsLee noted another factor contributing to the difficulty of selling luxury properties: the high costs associated with their maintenance and upkeep.

Persons: —, Kenny Lee, Sonja Morgan, John Adams Morgan, Morgan Chase, Morgan, Curbed's Bridget Read, I'm, Michael Jordan, There's, Nile Niami, Richard Saghian, Ron DeSantis, Lee, canalso, It's Organizations: Service, Business, Housewives, New, Fashion, Florida Gov, Morgans, Yorker Locations: New York City, New York, Chicago, Los Angeles, Upper Eastside

☆ Oil steady as investors weigh U.S. rate fears, firmer seasonal demand
▼ + stars: | 2024-05-24 | by ( ) www.cnbc.com time to read: +2 min

Oil prices were stable on Friday as investors considered the latest comments from the U.S. Federal Reserve on interest rates amid sticky inflation, while signs of firming seasonal U.S. fuel demand lent support. Brent crude futures rose 2 cents at $81.38 a barrel at 0315 GMT, while U.S. West Texas Intermediate (WTI) crude futures were down 1 cent at $76.86. Both benchmarks settled at multi-month lows on Thursday, with Brent crude futures closing at their weakest point since January and U.S. crude futures hitting a three-month low. Gasoline demand in the U.S. reached its highest level since November, the Energy Information Administration (EIA) said on Wednesday. That helped support the market as U.S. drivers account for around a tenth of global oil demand, "making the upcoming driving season a pillar of the recovery in global demand growth", ANZ analysts said in a note.

Persons: Priyanka Sachdeva, Phillip Nova, Jerome Powell Organizations: U.S . Federal Reserve, Brent, U.S, West Texas, Energy Information Administration, ANZ, Organization of, Petroleum, OPEC Locations: Fort Stockton , Texas, U.S

☆ Elizabeth Warren wants more student loan borrowers to know bankruptcy is easier now
▼ + stars: | 2024-05-23 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

Julia Nikhinson | ReutersDischarging student debt in bankruptcy is now easierThe new guidance has already led to changes. In the first 10 months of the Biden administration's more lenient process, student borrowers filed more than 630 bankruptcy cases, a "significant increase" from recent years, it reported last year. Many borrowers are 'not aware' of changesYet Warren says more work still needs to be done. "More than 43 million borrowers in the United States carry a total of $1.6 trillion in student loan debt, and more than 2 million borrowers have been repaying those loans for at least 20 years," Warren and Whitehouse wrote. "DOJ and ED must work harder to encourage borrowers to seek relief — and deliver on that relief when requested," they added.

Persons: Elizabeth Warren, Julia Nikhinson, Biden, I've, Neu, Warren, Whitehouse Organizations: Intelligence, U.S, Capitol, CNBC, DOJ, The, of Justice and Education Department Locations: Washington, Seattle, United States

☆ Biden administration to forgive $7.7 billion in student debt for more than 160,000 borrowers
▼ + stars: | 2024-05-22 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden delivers remarks regarding student loan debt forgiveness in the Roosevelt Room of the White House on Wednesday August 24, 2022. The Biden administration said on Wednesday that it would forgive $7.7 billion in student loans for more than 160,000 borrowers, its latest effort to reduce the burden of education debt on households. "The Biden-Harris Administration remains persistent about our efforts to bring student debt relief to millions more across the country," said Education Secretary Miguel Cardona in a statement. Wednesday's loan forgiveness includes $5.2 billion for 66,900 borrowers pursuing Public Service Loan Forgiveness, and $1.9 billion for 39,200 people enrolled in income-driven repayment plans. That option leads to student loan forgiveness after 10 years for those who originally borrowed $12,000 or less.

Persons: Joe Biden, Biden, Harris, Miguel Cardona Organizations: White, U.S . Department, Public, Biden, Harris Administration, Valuable Education

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Dell, Tesla, Disney, Gap, Hewlett Packard & more
▼ + stars: | 2024-05-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are the biggest calls on Wall Street on Tuesday: Morgan Stanley reiterates Tesla as overweight Morgan Stanley made the case in a note to investors that Elon Musk needs Tesla "more than ever before." Citi initiates Ferrovial at buy Citi said it's bullish on shares of the Dutch infrastructure and transportation company. Citi reiterates Dell as buy Citi raised its price target on the stock by 36% to $170 per share from $125. Morgan Stanley reiterates Apple as overweight Morgan Stanley said its checks show accelerating App Store growth ahead of expectations for Apple. Morgan Stanley names Taiwan Semiconductor a catalyst-driven idea Morgan Stanley said TSM is a likely beneficiary of a solid Nvidia earnings report on Wednesday.

Persons: Morgan Stanley, Tesla, Elon, Raymond James, Baird, it's, Evercore, Piper Sandler downgrades Sunnova, Piper, Brinker, Argus, Apple, TSM, NVDA, it's bullish, Lenz, LENZ Organizations: Elon, Caesars Entertainment, Penn, Penn Entertainment, Boyd Gaming Corporation, Inc, PENN Entertainment, JPMorgan, Therapeutics, Citi, Nvidia, Sunnova, Disney, Dell, Barclays, HP, Brinker International Inc, Apple, Taiwan Semiconductor, Gap Citi, GPS, " Bank of America, Lenz Therapeutics, Bank of America, Deutsche Bank, Deutsche, Recovery Software

Jefferies upgraded MercadoLibre to buy and raised its price target on the stock. Asiya Merchant kept her buy rating and and hiked up her price target by $45 to $170, which suggests shares could jump 16.9% from Monday's close. Nodding to the stock's strong recent performance, analyst David Koning downgraded Toast shares to neutral and maintained his $28 price target. Analyst Kashy Harrison downgraded the stock to neutral from overweight and lowered his price target to $4.50 from $9, implying 8.4% upside. He also raised his price target to $2,100 from $1,400, implying upside of about 20% over the next 12 months.

Persons: Jefferies, Piper Sandler, Asiya Merchant, Merchant, Dell, — Pia Singh, Baird, David Koning, Koning, Morgan Stanley, Chan, TSMC, Piper Sandler downgrades, Kashy Harrison, Harrison, Alex Wright, Wright, Fred Imbert Organizations: CNBC, Sunnova Energy, Citi, Dell, Citi Research, TAM, Taiwan Semiconductor, Nvidia, Energy, NOVA, Jefferies Locations: America, Monday's, Kong, securitizations

☆ As student loan forgiveness nears $160 billion, here's what to know about the relief programs
▼ + stars: | 2024-05-20 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

US President Joe Biden announces student loan relief with Education Secretary Miguel Cardona (R) on August 24, 2022 in the Roosevelt Room of the White House in Washington, DC. Olivier Douliery | AFP | Getty ImagesThe Biden administration fixes to the country's $1.6 trillion student loan system have resulted in regular announcements to forgive large shares of that debt. In total, the U.S. Department of Education has canceled almost $160 billion in federal student loan debt for nearly 4.6 million borrowers while President Joe Biden has been in office. Here what to know about the aid programs that have led to that relief. Income-driven repayment plansPublic Service Loan ForgivenessNavigating the Public Service Loan Forgiveness program has been famously difficult.

Persons: Joe Biden, Education Secretary Miguel Cardona, Olivier Douliery, Biden, George W, Bush, Federal Perkins Organizations: Education Secretary, White, AFP, Getty, U.S . Department of Education, Public, Consumer Financial, Family Education, Federal, Federal Perkins Loans, Education Department Locations: Washington ,

☆ Israeli forces release Hamas video of former child hostage
▼ + stars: | 2024-05-20 | by ( Lauren Izso | ) edition.cnn.com time to read: +3 min

CNN —The Israeli military has released a Hamas propaganda video it said it recovered showing a child who was held hostage by Hamas, spokesperson Daniel Hagari said on Sunday. Hagari did not say when or where Israel Defense Forces (IDF) recovered the video, which shows the since-freed child, Ela Elyakim, speaking to the camera asking to be released. The IDF released an image showing sisters Ela and Dafna Elyakim, who were previously held hostage by Hamas, in front of a flag with the Hamas logo. IDFAround 250 people were taken hostage during Hamas’ surprise October 7 attack on southern Israel, in which 1,200 people were killed, according to Israeli officials. Gantz demanded that the cabinet adopt a plan to secure the return of Israeli hostages, the demobilization of Hamas and the demilitarization of the Gaza Strip by June 8.

Persons: Daniel Hagari, Hagari, Ela Elyakim, Ela, Elyakim, Nir Oz, “, ” Hagari, Noam, ”, Dafna Elyakim, ’, Benny Gantz, Benjamin Netanyahu didn’t, Gantz Organizations: CNN, Israel Defense Forces, IDF, Palestinian Ministry of Health, Nova Locations: Israel, Gaza

☆ Opinion | The Underappreciated Genius of ‘Planet of the Apes’
▼ + stars: | 2024-05-18 | by ( Jamelle Bouie | ) www.nytimes.com time to read: +2 min

There is no franchise in Hollywood filmmaking that is as consistently good, and as consistently interesting, as “Planet of the Apes.”I feel very strongly about this, and not because I am an admitted enthusiast of genre filmmaking. Like any long-running series, “Planet of the Apes” — which spans 10 films and more than 50 years — has its lows. If you somehow are not familiar with the premise of “Planet of the Apes,” it is surprisingly straightforward. The first five films, beginning with 1968’s “Planet of the Apes” and concluding with 1973’s “Battle for the Planet of the Apes,” tell the story of the fall and rise (and fall again, perhaps) of ape society. When the apes finally arrive — as predators hunting a roving band of humans — it is in a kinetic sequence of genuine intensity.

Persons: —, Charlton Heston, Franklin J . Schaffner, “ Patton, Leon Shamroy, Cleopatra ”, Taylor Organizations: Hollywood, of

☆ Tattoo artist Shani Louk became a symbol of the music festival massacre by Hamas. The IDF has finally recovered her body.
▼ + stars: | 2024-05-18 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Read previewThe Israel Defense Forces recovered three hostages' bodies from the Gaza Strip, the Israeli military announced on Friday. Shani Louk became a symbol of Hamas' October 7 terrorist incursion into Israel after photos and video footage of her body being abducted went viral. AdvertisementLouk's father, Nissim Louk, spoke of the "relief" of finally having secured the body of his 22-year-old daughter. Hamas militants drive back to the Gaza Strip with the body of Shani Louk. AdvertisementOn October 7 Hamas militants also seized 252 hostages in Israel; 129 hostages are still in captivity in the Gaza Strip, according to Israeli broadcaster Kan.

Persons: —, Daniel Hagari, Shani Louk, Amit Buskila, Yitzchak Gleren, Nissim Louk, Ali Mahmud, Shani, Louk's, Ali Mahmud More, Kan Organizations: Service, Israel Defense Forces, ISA, Business, Nova, Daily, Press, Reynolds Journalism, Hamas, AP, UN Office, Humanitarian Affairs Locations: Gaza, Israel, Kibbutz Re'im, of Israel

CNN —The Israeli military announced Friday that it has recovered the bodies of three hostages from a tunnel in the Gaza Strip. The hostages were identified as Shani Louk, Amit Bouskila, and Itshak Gelernter, IDF spokesperson Rear Admiral Daniel Hagari said in a press conference in Tel Aviv. All three were killed while escaping the Nova music festival and their bodies taken into Gaza, he said. “They were celebrating life in the Nova music festival and they were murdered by Hamas,” he said. The IDF believed that of those 132 hostages, 40 are believed to be dead, including two who were taken in 2014.

Persons: Shani Louk, Amit Bouskila, Itshak Gelernter, Daniel Hagari, “, ”, Hagari, Benjamin Netanyahu, Sara, Louk, Netanyahu Organizations: CNN, Nova, Israeli Ministry of Foreign Affairs, IDF, Hamas Locations: Gaza, Tel Aviv, Israel, Cairo, Rafah

☆ In ‘Back to Black,’ Marisa Abela’s Amy Winehouse is the best reason to go, go, go
▼ + stars: | 2024-05-16 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

CNN —The tragic arc of Amy Winehouse’s brief life and nova-like career creates built-in problems for a biography of the singer, which doesn’t dampen the knockout performance by Marisa Abela in “Back to Black,” capturing the talent, rage and self-destructiveness that defined her. Thin as biopics go, the power of Abela’s portrayal elevates the film, providing a poignance and strength that’s the clearest motivation to go, go, go. Then again, as constructed here, the two went hand in hand, with the lyrics to songs like “Back to Black” and “Rehab” directly addressing her addictions to her relationship with Blake and alcohol. In terms of capturing what animated Winehouse, the blinding star power that Abela emits here ultimately justifies the exercise. “Back to Black” premieres May 17 in US theaters.

Persons: Amy Winehouse’s, Marisa Abela, Blake, Jack O’Connell, Eddie Marsan, Lesley Manville, Tony Bennett, Sam Taylor, Johnson, John Lennon, Matt Greenhalgh, “, Abela, Winehouse, Bob Marley, ” Organizations: CNN, HBO

☆ Refinancing student debt is risky amid Biden forgiveness push. Borrowers 'forever lose access' to safety nets, advocates say
▼ + stars: | 2024-05-16 | by ( Annie Nova | ) www.cnbc.com time to read: +4 min

(For example, federal student loan borrowers can pause their payments if they become unemployed, return to school or get cancer.) But advocates have fresh warnings now as the Biden administration reforms the federal student loan system. Millions more federal student loan borrowers could receive debt forgiveness in the coming months if Biden's revised relief package survives legal challenges this time. PSLF allows certain not-for-profit and government employees to have their federal student loans cleared after 10 years of on-time payments. (The rates on federal student loans for the 2024-2025 academic year will range from roughly 6.5% to 9%.)

Persons: Biden, Joe Biden, Biden's, who've, PSLF, I've, they'd refinanced, —, Yu, Mark Kantrowitz, Kantrowitz Organizations: U.S . Department of Education, Education Department, Public, Art Institute, Art, Education Management Corp, Valuable Education Locations: Mayotte, Iowa , Massachusetts, Pennsylvania

☆ Opinion | A ‘Changed Landscape’: Voices From Israel
▼ + stars: | 2024-05-15 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:I write this as I mark Israeli Independence Day in the changed landscape of my neighborhood. Up the block: those of three more fallen soldiers. The park next to the grocery store: dedicated to the memory of another fallen soldier. Around the corner: the home of a young man murdered at the Tribe of Nova music festival on Oct. 7. Past the park: the home of Noa Marciano, a soldier and hostage who was murdered in Al-Shifa Hospital.

Persons: He’s, Noa Marciano Organizations: Shifa Locations: Gaza, Aza, Al, Israel

☆ Biden administration extends key deadline for student loan forgiveness
▼ + stars: | 2024-05-15 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

The U.S. Department of Education is giving borrowers more time to meet a key student loan forgiveness deadline. "The Department is working swiftly to ensure borrowers get credit for every month they've rightfully earned toward forgiveness," U.S. Borrowers pursuing the popular Public Service Loan Forgiveness program can also receive additional credit from the payment count adjustment, as long as they certify their qualifying employment for those months. The payment count adjustment is an attempt to rectify longstanding issues for student loan borrowers. The Consumer Financial Protection Bureau also found borrowers were needlessly steered into expensive forbearances, during which interest accrues and credit toward forgiveness is paused.

Persons: —, Biden, Education James Kvaal, weren't Organizations: U.S . Department of Education, Education, Finance, Public, Government, Office, Consumer Financial Locations: U.S, deferments

☆ Oil prices rise on U.S. inventories drawdown expectations, CPI focus
▼ + stars: | 2024-05-15 | by ( ) www.cnbc.com time to read: +2 min

U.S. crude oil inventories fell 3.104 million barrels in the week ended May 10, according to market sources citing American Petroleum Institute figures on Tuesday. Gasoline inventories fell by 1.269 million barrels and distillates rose by 673,000 barrels. "Expectations of another drawdown in U.S. oil inventories should support oil prices," ANZ Research said in a note. Oil prices also found support from a softer U.S. dollar and stimulus measures from China, said independent market analyst Tina Teng, with a weaker greenback making dollar-denominated oil cheaper for investors holding other currencies. "The U.S. CPI and China's economic data are key to driving oil prices for the rest of the week," she added.

Persons: David Knox, Petra Nova, Brent, Tina Teng, Teng Organizations: NGR Energy, JX Nippon Oil & Gas Exploration Corporation, WA Parish, U.S, . West Texas, American Petroleum Institute, ANZ Research, Federal, CPI Locations: NGR, Bend County, Petra, WA, China, Fort McMurray

☆ Education Dept. announces highest federal student loan interest rate in more than a decade
▼ + stars: | 2024-05-14 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

The U.S. Department of Education announced Tuesday the interest rates on federal student loans for the 2024-2025 academic year. The interest rate on federal direct undergraduate loans will be 6.53%. For graduate students, loans will come with an 8.08% interest rate, compared with the current 7.05%. Plus loans for graduate students and parents will have a 9.08% interest rate, an increase from 8.05% now. The rise in interest rates could complicate the Biden administration's efforts to get the student loan crisis under control and relieve borrowers of the pain of interest accrual, experts say.

Persons: Mark Kantrowitz, Kantrowitz Organizations: US Department of Education, Washington , D.C, U.S . Department of Education, Biden Locations: Washington ,

☆ Just how bad are ultraprocessed foods? Here are 5 things to know
▼ + stars: | 2024-05-13 | by ( Andrea Kane | ) edition.cnn.com time to read: +8 min

NOVA separates foods into four groups, starting with natural and minimally processed foods in the first category to ultraprocessed foods, which use industrial formulations and manufacturing techniques, in the fourth. Here are five things to know about ultraprocessed foods:Ultraprocessed foods are linked to bad health outcomesEating a lot of ultraprocessed foods isn’t healthy. We have one.”Ultraprocessed foods cause weight gainThat one randomized, controlled clinical trial showed that ultraprocessed foods actually caused people to gain weight. So, all those factors probably play a huge role in … the foods that we choose to eat in the real world.”Not all ultraprocessed foods are badSome ultraprocessed foods can provide important nutrients, such as whole wheat bread and yogurt. “Which goes to show that not all ultraprocessed foods necessarily drive this effect.”Hall’s team is conducting a new study to tease out which ultraprocessed foods are harmful and which are neutral, or even healthy.

Persons: Marion Nestle, Meg Tirrell, Paulette Goddard, Nestle, ”, ” Nestle, Kevin Hall, ” Hall, Tirrell, shouldn’t, you’re, we’re Organizations: CNN, University of São Paulo, NOVA, Nestle, New York University, National Institute of Diabetes, National Institutes of Health Clinical, ”, National Health, US Department of Agriculture, US Food and Drug Administration Locations: Brazil, Bethesda , Maryland

☆ Missed the last student loan forgiveness deadline? There may still be other options for relief
▼ + stars: | 2024-05-10 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

There's good news for at least some of the student loan borrowers who missed the April 30 deadline to qualify for quicker debt forgiveness: They may still be eligible for other relief options. Borrowers with multiple student loans who requested a so-called loan consolidation by the end of April 30 — a move that combined their federal student loans into one new federal loan — are able to get their debt sooner than they would have otherwise. They earned credit toward all their loans based on the one they had been making payments on the longest. To qualify, borrowers just had to be enrolled in an income-driven repayment plan, which, after 10, 20 or 25 years, depending on the plan, leads to debt cancellation. If you missed that deadline, you may still be eligible for relief.

Persons: —, Roth Organizations: Finance

☆ Interest rates on federal student loans may increase by 1%: ‘A fairly big jump,’ expert says
▼ + stars: | 2024-05-08 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

Morsa Images | Digitalvision | Getty ImagesIt may soon be more expensive to borrow federal student loans. The government sets interest rates on its education loans once a year. This year, that Treasury yield has been on the rise while the Federal Reserve keeps interest rates high until inflation comes down. watch nowAs a result, federal student loan rates may increase by about 1% in the 2024-2025 academic year, according to an estimate by higher education expert Mark Kantrowitz. All federal education loans issued on or after July 1, 2024, will be subject to the new rates.

Persons: Mark Kantrowitz, Kantrowitz Organizations: Treasury, Federal Reserve

☆ Biden's student loan forgiveness plan gets a record number of public comments. Here's what people are saying
▼ + stars: | 2024-05-08 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. Andrew Caballero-Reynolds | AFP | Getty Images'I plan on dying with student loan debt'"I think this is a great idea. I am 52 years old with a lot of student loan debt from years ago. I plan on dying with student loan debt. "As an African American millennial from River Rouge, MI, I believe it is crucial to support and approve student loan debt relief proposals.

Persons: Joe Biden, Andrew Caballero, Reynolds, Biden, they'll, Nobody Organizations: Madison Area Technical College, AFP, Getty Locations: Madison , Wisconsin, River Rouge , MI

☆ Student protesters facing disciplinary action may also deal with financial setbacks
▼ + stars: | 2024-05-07 | by ( Annie Nova | ) www.cnbc.com time to read: +5 min

NYPD officers in riot gear enter Columbia University's encampment as they evict a building that had been barricaded by pro-Palestinian student protesters in Los Angeles, United States on April 30, 2024. Shay Horse | Nurphoto | Getty ImagesStudents can lose housing and morePro-Palestine protesters locked arms after several demonstrators knocked fences down and opened the Massachusetts Institute of Technology (MIT) encampment back to student protesters during the demonstration. Rallies and protest camps persist at the Massachusetts Institute of Technology (MIT) campus as student demonstrators demand divestment from Israeli military ties. Federal loan bills could come earlierSuspended or expelled students may also get their federal student loan bills sooner than they expected, Kantrowitz said. If a suspension ends and a student returns to college before the six months, their grace period should reset, Kantrowitz said.

Persons: Shay Horse, Sally Kornbluth, Vincent Ricci, Martin Stolar, Kantrowitz, Ellen Granberg Organizations: Palestinian, Getty, Palestine, Massachusetts Institute of Technology, MIT, CNBC, George Washington University, American Civil Liberties Union of Indiana, Indiana University, U.S . Department of Education Locations: Los Angeles, United States, Kresge, New York, Gaza

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