After Diane Senffner, 63, lost her job during the pandemic, she depleted her savings and hasn't been able to find stable work since.
The Public Service Loan Forgiveness program is transferring away from student-loan company MOHELA, and any applications for relief are now paused.
While Fed Chair Jerome Powell said interest rate hikes are "unlikely," he needs more confidence in inflation data before cutting rates this year.
Student-loan borrowers who enrolled at any Art Institute campus from January 1, 2004, to October 16, 2017, will receive automatic debt cancellation.
The Education Department agreed to student-loan company MOHELA's request to transfer some of its borrowers, requiring those impacted to take action.
It's not just the rocky FAFSA rollout. Lower birth rates and high student debt loads could hurt the business of higher ed.
Student-loan borrowers on the SAVE plan, along with other income-driven repayment plans and PSLF, are included in the latest debt cancellation batch.