The Biden administration aims to reduce student loan costs by eliminating origination fees, unnecessary charges that can add thousands of dollars to student debt. The government considers these fees unfair and burdensome, particularly for students from low-income backgrounds and minority-serving institutions. The administration is also working to curb excessive fees charged by banks on student bank accounts and end automatic billing for textbooks on tuition, giving students more choice and financial relief.
AT&T's recent major outage prompted the company to automatically credit $5 to affected customer accounts. However, consumers are advised to proactively contact their service providers for reimbursements, as there is no legal requirement for phone and internet providers to offer refunds. Experts recommend reaching out via customer service phone lines, online portals, or chatbots. By taking the initiative, customers can ensure they receive compensation for outage-related inconveniences.
