Many of the borrowers received bills with charges higher than they should be. The Department of Education identified the errors and directed student loan servicing companies to place the impacted borrowers in an administrative forbearance during which they are not required to make payments.
New home sales in the United States surged higher in September from the month before, even as mortgage rates remained over 7%, making financing a home costlier and pushing people out of the market.
Jon Donenberg – a key architect of Sen. Elizabeth Warren’s signature policy initiatives including her plan to cancel student loan debt – will join President Joe Biden’s National Economic Council as a deputy director, sources told CNN.