Students News & Analysis
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ABI Advises on Contents Insurance for Students' Laptops and Bikes
The ABI suggests students check their current insurance coverage for laptops, phones, and bikes, recommending contents insurance if needed. This type of policy covers costs for replacing or repairing possessions if they are damaged, destroyed, or stolen. Students should evaluate their coverage amounts, especially for valuable items like bikes or electronics, to ensure adequate protection. Understanding insurance needs now can help mitigate financial risks for students and their families.
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PSLF Program Limitations Blocked After Federal Court Rulings
Two federal judges ruled against the Trump administration's limits on the Public Service Loan Forgiveness (PSLF) program. The regulations, which were set to begin on July 1, aimed to redefine 'qualifying employer' and potentially disqualify many non-profit organizations. Over 9 million borrowers might be eligible for PSLF, as estimated by Protect Borrowers in 2022. This decision is significant as it prevents new restrictions that could have affected public servants relying on loan forgiveness.
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