UTHSC Flight

Coming Soon: President Biden’s Decision on Debt Cancellation Now Expected in Late Summer
Reports are now indicating that President Joe Biden will be making a decision on student loan debt cancellation through executive authority “later this summer.” While the White House had been previewing its consideration of the move in recent weeks, it is now being reported by The Wall Street Journal that the decision will likely be tied to an announcement concerning the impending expiration of the current pause on loan payments and interest accrual.

Consumers on course to save $1 billion in NSF fees annually, but some banks continue to charge these fees | Consumer Financial Protection Bureau A number of large banks are eliminating non-sufficient fund (NSF) fees on checking accounts, cutting total NSF fee volume by about 50%, or $1 billion, annually. Other banks continue to charge these fees. The Bureau is closely scrutinizing whether and when charging these fees may be unlawful.

The Department of Education (ED) on August 6 announced it will extend the pause on student loan payment and interest accrual past its September expiration date. The pause on payments will now be in place through Jan. 31, 2022.

NASFAA | ED Announces ‘Final’ Extension of Student Loan Payment Pause By Owen Daugherty and Hugh T. Ferguson, NASFAA Staff ReportersThe Department of Education (ED) on August 6 announced it will extend the pause on student loan payment and interest accrual past its September expiration date. Following weeks of pressure from top Democrats and advocacy organizations, th...

The UTHSC Financial Literacy Program (Flight), will host their second session on “Financial Wellness” presented by Sallie Mae.

Patti Corjay and Jonathan Looney will discuss “Understanding the Cost of Graduate Student Loans” and “Repaying Your Student Loans.” This presentation covers topics such as understanding the relative cost of a graduate student loan, loan repayment and debt management tools for managing student loans. It identifies important things students should know about their loan portfolio, identifying their servicers and understanding the cost of their student loan.

Title: Understanding the Cost of Graduate Student Loans
DATE: Thursday, November 19, 2020
TIME: 5:00 PM - 6:00 PM (CT)

Please register at https://uthsc.co1.qualtrics.com/jfe/form/SV_ea03sm6vcmlr2zX

Join from PC, Mac, Linux, iOS or Android: https://tennessee.zoom.us/j/92839895174
Password: 9014487703

Join our Cloud HD Video Meeting Zoom is the leader in modern enterprise video communications, with an easy, reliable cloud platform for video and audio conferencing, chat, and webinars across mobile, desktop, and room systems. Zoom Rooms is the original software-based conference room solution used around the world in board, confer...