Tag Archives: COVID-19

The Supreme Court yesterday shut down the mandate from the federal government that employers with more than 100 employees must institute a mandate for workers to either get vaccinated against COVID-19 or be tested every week saying the government overstepped its authority in having the Occupational Safety and Health Administration …

After yesterday’s article indicated that there might be increased pressure from Democrats to get President Biden to cancel some of all of the outstanding student loan debt across the country, a published report concluded that the success of the economy in the two years since student loan payments were paused …

As the COVID-19 pandemic took over the United States in 2020 and through 2021, fewer consumers — by and large — had problems paying their bills, but those who did have problems doing so had more problems than usual, according to data that was released last week by the Consumer …

As a parent, one of the most important lessons I have learned is that don’t say something unless you mean it and intend to follow through on it. That appears to be a lesson that the Biden administration and the Department of Education need to learn as well. Back in …

The COVID-19 pandemic has turned more Americans pessimistic about their financial futures, while more than one-quarter of consumers feel their financial situations are worse now than they were about a year ago, according to a report released by Encore Capital Group, which surveyed its customers both here in the United …

Mortgage servicers, your time is up. The 18 months that you have been given to adjust your operations in order to work with individuals who have been affected by the COVID-19 pandemic and “develop robust business continuity and remote work capabilities” are enough that state ad federal regulators have come …

The Department of Education is considering proposals that would give borrowers “new flexibility” like initial grace periods when its moratorium on student loan payments ends on January 31, according to a published report. Individuals with federal student loans have not had to make payments since the COVID-19 pandemic hit the …

The Governor of Florida on Friday ordered the state to stop assigning accounts to debt collectors in situations where individuals were overpaid unemployment benefits during the COVID-19 pandemic because of issues that occurred as a result of expediting approvals to help those in need. Gov. Ron DeSantis asked the Department …

In yet another sign that things are shifting back toward what they were before the COVID-19 pandemic hit the United States, the Department of Veterans Affairs has announced the end of an 18-month pause in its collection efforts. Starting October 1, veterans with unpaid copays or benefits overpayments must start …

If anything, Richard Cordray understands that restarting a behemoth like federal student loan payments is not as simple as flipping a switch and the gravity of the importance in making sure that the restart is done properly is not lost on him, based on a speech that he gave last …