Administration seeks to postpone final student loan aid in Borrower Defense agreement
Trump Administration Seeks More Time on Student Loan Borrower Decisions The Trump administration has requested additional time to determine if around 200,000 student loan borrowers are eligible for forgiving their loans. Under the Sweet v. McMahon settlement related to Cardona v. Sweet, the Biden administration agreed to process loan relief applications based on borrower defenses […]
Judge refuses to block DOGE’s access to student borrower data
On Monday evening, a federal judge refused to stop Elon Musk's Government Efficiency (DOGE) from gaining access to education department data on student borrowers. US District Judge Randolph Moss has determined that the University of California Students Association (USCA), which filed the suit, has not shown irreparable harm sufficient to receive such immediate relief. “The […]
How Amex's CEO is addressing borrower stress – American Banker
Susana Gonzalez/Bloomberg News update: This article includes commentary from Amex management and analysts. Signs of weakness in American Express' consumer base on Friday tempered an otherwise strong earnings report. “Organic spending hasn't been very strong,” Chief Executive Officer Steve Squery said on the credit card lender's earnings call. “If cardholders lose confidence, they will pull […]
Clint Eastwood biography returned to library 38 years late, mystery borrower avoids $6K in fees
Recently, my library received a biography written about Clint Eastwood that I borrowed about 40 years ago. The 1983 book Clint Eastwood by Gerald Cole and Peter Williams was published in May 1986 by students attending John Bunyan Senior School (now named Bedford Academy). It was borrowed from the Central Library. The book was originally […]