Posted in

Student-loan borrowers defrauded by Corinthian were promised $5.8 billion in relief ‘immediately.’ 6 months later Biden’s Education Department says it’ll take

College graduate

College graduate.Robyn Beck/AFP via Getty Images

  • In June, the Education Department approved a $5.8 billion loan discharge for former Corinthian students.

  • Education Secretary Miguel Cardona said impacted borrowers would see relief “immediately.”

  • Six months later, borrowers are still waiting, and the department said relief will now take “some time.”

Lawsuits blocking President Joe Biden’s broad student-loan forgiveness are not the only reason some borrowers are in limbo.

Kevin was a student of the now-defunct for-profit chain Corinthian Colleges from 2004 to 2006, who requested his last name be withheld for privacy.

He was one of about 560,000 borrowers who

Posted in

What’s Wrong with Using an Online Will?

While an online will might seem like a quick and easy solution to your estate planning problems, they can lead to many issues and costs down the line.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog ).

Many online companies offer quick online wills. Some have software, others are quick downloadable templates. So why should you steer clear of online wills when doing your estate planning?

A few reasons include:

  1. many times, online wills are not valid or enforceable