Student Loan Forgiveness Processing Paused For Key Program After 572,000 Were Approved [Forbes]
Nelnet, Inc. (NNI)
US:NYSE Investor Relations:
nelnet.com/investors
Company Research
Source: Forbes
for a key program as part of a long-planned transition. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images) AFP via Getty Images The Education Department has paused application processing for a key student loan forgiveness program for borrowers who have severe medical impairments . The processing suspension, which is part of a long-planned overhaul to streamline federal student loan programs, adds yet another hurdle in an already chaotic landscape as student loan borrowers struggle to navigate their options. The Total and Permanent Disability, or TPD, discharge program can allow borrowers to eliminate their federal student loan debt. To qualify, borrowers must be unable to engage in substantial, gainful activity due to a medical condition that is either terminal or has persisted for the last five years, or is expected to continue for another five years. The Biden administration has enacted a number of improvements to the TPD Discharge program, making it easier f
Show less
Read more
Impact Snapshot
Event Time:
NNI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NNI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NNI alerts
High impacting Nelnet, Inc. news events
Weekly update
A roundup of the hottest topics
NNI
News
- Nelnet, Inc. (NYSE: NNI) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- THE POWER OF ALLO'S ALL-FIBER NETWORK COMING TO FLAGSTAFF, ARIZONA [Yahoo! Finance]Yahoo! Finance
- THE POWER OF ALLO'S ALL-FIBER NETWORK COMING TO BOULDER, COLORADO [Yahoo! Finance]Yahoo! Finance
- Those who invested in Nelnet (NYSE:NNI) five years ago are up 92% [Yahoo! Finance]Yahoo! Finance
- Student loan servicer transfer led to 'millions of consumer credit reporting errors': Lawmakers [MSNBC.com]MSNBC.com
NNI
Earnings
- 11/7/24 - Miss
NNI
Sec Filings
- 1/3/25 - Form 4
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- NNI's page on the SEC website