Republicans propose bill to eliminate student loan cancellation, and other current student loan news for the week of Aug. 15, 2022
A new bill would expand Pell Grant access but eliminate student loan forgiveness.
2 min read
Aug 15, 2022
EXPERTISE
- Student loans
- Personal loans
- Home equity
- Debt management
EDUCATION
- Bachelor of Arts in English, University of Iowa
- Certificate in Editing, University of Washington
About the author
Bankrate editor Chelsea Wing specializes in student loans, financial aid and college budgeting. Despite growing up in Washington, Chelsea attended the University of Iowa for college — so she understands the realities of chipping away at expensive out-of-state tuition. She is invested in helping students navigate the high costs of college and breaking down the complexities of student loans.
Chelsea currently lives in Seattle. In her spare time, she enjoys writing, travel and musical theatre.
Highlights
Chelsea has edited hundreds of articles for Bankrate and enjoys covering both news pieces and long-form guides. She helped develop the Bankrate Best Value Colleges guide and has monitored student loan forgiveness efforts since early 2020.
Experience
Chelsea has been working as Bankrate’s student loans editor since early 2020. Prior to joining Bankrate, Chelsea was the insurance and finance editor at Reviews.com, where she specialized in covering life insurance.
Chelsea's latest articles
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Child tax credit benefits will not be garnished for defaulted student loans, and other current student loan news for the week of Feb. 14, 2022
Defaulted student loans will not garnish child tax credit benefits for 2021.
2 min read Feb 14, 2022
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How to fill out the 2023-24 FAFSA with divorced parents
Your parents’ living situation determines how much you need to fill out.
2 min read Sep 30, 2022 -
How income and assets affect financial aid for college
There are certain ways to maximize your financial aid.
2 min read Sep 30, 2022 -
What is the Federal Student Aid Estimator?
Previously known as the FAFSA4caster, this tool can be an effective research tool.
2 min read Sep 30, 2022 -
What is a Student Aid Report?
Learn how to decipher the results of your FAFSA.
3 min read Sep 30, 2022 -
How to fill out the FAFSA if your parents are same-sex partners
Here’s how to approach Step Four of the FAFSA.
2 min read Sep 28, 2022 -
DACA students’ guide to filling out the FAFSA for 2023-24
Students with DACA status are still eligible for some forms of aid.
5 min read Sep 28, 2022 -
FAFSA requirements: What you need to know
Here’s how to be prepared when it comes time to fill out your FAFSA form.
5 min read Sep 28, 2022 -
Your FAFSA questions answered
Learn what to expect on the application from start to finish.
6 min read Sep 28, 2022 -
Congress approves bill allowing Spousal Consolidation Loans to be split, and other current student loan news for the week of Sept. 26, 2022
Borrowers who combined their student loans with their spouse’s may soon see relief.
2 min read Sep 26, 2022 -
FAFSA verification: Steps to take if you’re selected
FAFSA verification is not always a bad sign; in fact, it’s often random.
3 min read Sep 26, 2022 -
What is the FAFSA dependency override?
The decision is ultimately up to your school’s financial aid office.
3 min read Sep 23, 2022 -
How to fill out the FAFSA if you are an emancipated minor
If you have a court order, you may qualify to be considered independent.
2 min read Sep 23, 2022 -
How to fill out the FAFSA if your parents are undocumented immigrants
You can be eligible for financial aid regardless of your parents’ citizenship.
2 min read Sep 23, 2022 -
How to fill out the FAFSA if your parent is deceased
If you’ve lost a parent, the form can be even harder to navigate than usual.
2 min read Sep 22, 2022 -
How to fill out the FAFSA if you have a legal guardian or foster parents
You’ll be considered independent, which is usually good news for financial aid.
2 min read Sep 22, 2022