Sam Bankman-Fried, the founder of failed cryptocurrency exchange FTX and a former billionaire, lost his appeal to overturn his conviction for fraud and 25-year sentence on Friday.
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Opening arguments are set to begin Tuesday in a blockbuster tech trial in which U.S. states have accused Meta, parent company of Facebook and Instagram, of targeting children with intentionally addictive features on its social media platforms.
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The Education Department sent out a new wave of so-called “golden letters” this week, notifying qualifying borrowers that they will get their student loans forgiven.
But even as some borrowers celebrate the good news, many others are left in the dark. Full story:
📸: Tom Williams/CQ-Roll Call, Inc via Getty Images
The new rules set the framework for how federal student loans can be repaid following the passage of historic legislation by congressional Republicans and President Donald Trump last year that will fundamentally reshape how borrowers repay their student loans. But buried in the new regulations is a significant change that may ultimately impose major costs on borrowers by limiting their ability to receive credit toward student loan forgiveness when changing their repayment plan.
Read more: (Photo: Bill Clark/CQ-Roll Call, Inc via Getty Images)
Education Department Will Restrict Student Loan Forgiveness Credit Under New Repayment Plan
The new rules set the framework for how federal student loans can be repaid following the passage of historic legislation by congressional Republicans and President Donald Trump last year that will fundamentally reshape how borrowers repay their student loans.
But buried in the new regulations is a significant change that may ultimately impose major costs on borrowers by limiting their ability to receive credit toward student loan forgiveness when changing their repayment plan.
Read more:
(Photo: Bill Clark/CQ-Roll Call, Inc via Getty Images)