Student loans
WASHINGTON (AP) — President Joe Biden is traveling to Wisconsin to announce details of a new plan to ease student loan debt for millions, a trip that comes a week after primary voting in the Midwest battleground highlighted weaknesses for the Democratic president and Donald... Read More
WASHINGTON — The Biden administration said Friday that it would automatically forgive $39 billion in federal student loan debt for 804,000 borrowers, marking the White House’s latest effort to revive pieces of the student loan forgiveness plan struck down by... Read More
WASHINGTON — As the Supreme Court’s term comes to a close, people with high student loan debt are eagerly awaiting the justices’ decision on the Biden administration’s proposed loan forgiveness program. The case, Biden v. Nebraska, is an appeal from... Read More
ST. LOUIS, Mo. — The 8th U.S. Circuit Court of Appeals issued a nationwide injunction Monday temporarily barring the Biden administration from moving forward with its student loan debt relief program. In August, President Joe Biden had rolled out a... Read More
WASHINGTON (AP) — President Joe Biden on Monday officially kicked off the application process for his student debt cancellation program, opening the door for millions of Americans to apply for up to $20,000 in forgiveness. The Biden administration touts it as a... Read More
WASHINGTON — With the White House reportedly poised to announce plans to cancel a significant amount of student debt on Wednesday, the Education Department revealed it has approved more than $1 billion in student debt relief through its public service... Read More
New rules proposed by the Biden administration on Wednesday would make it easier for borrowers to get their federal student debt forgiven through several existing programs. The action is intended to overhaul relief programs that have been criticized for their... Read More
WASHINGTON — The U.S. Education Department on Tuesday began taking steps it says will bring thousands of borrowers closer to forgiveness of their debts while making additional changes that will result in the immediate debt cancellation for at least 40,000... Read More
WASHINGTON — Sens. Jeff Merkley, D-Ore., and Maggie Hassan, D-N.H., on Wednesday unveiled legislation that introduces new income-based repayment plans for all federal student loan borrowers. The bill, entitled the Affordable Loans for Any Student Act of 2022, presents new... Read More
WASHINGTON — The Biden administration on Wednesday extended a freeze on student loan repayments to May 1. Borrowers’ payments were to resume in February. The so-called administrative forbearance was initially put in place as part of the CARES Act in... Read More
WASHINGTON - The Department of Education has extended the pandemic-related pause on student loan repayment, interest and collections until Jan. 31, 2022. Officials said they believe the additional time and the definitive end date will allow borrowers to plan for... Read More
WASHINGTON — Student loan forgiveness has been a topic of conversation as the Biden administration continues to consider proposals for alleviating student loan debt, but in the absence of any news on that front, borrowers are starting to get worried... Read More
President Joe Biden has directed the Department of Education to extend its pause on federal student loan payments and collections until September 30, 2021. The directive was part of a series of executive orders that the newly sworn in president... Read More
WASHINGTON - Higher education advocacy groups are suing the U.S. Education Department for continuing to garnish the wages of persons who default on student loan payments during the coronavirus epidemic. Education Secretary Betsy DeVos announced March 25 her department would... Read More
WASHINGTON - The House voted Thursday to overturn regulations introduced by Education Secretary Betsy Devos that critics contend made it more difficult for students to have their loans forgiven in the event a college made misleading or false claims. The... Read More
WASHINGTON - Representatives Susie Lee, D-Nev., and Rosa DeLauro, D-Conn., have added their names to the growing list of members of Congress who are pushing bills that tackle predatory student loan practices. Reps. Lee and DeLauro have introduced a new... Read More
WASHINGTON - House Majority Whip James Clyburn, D-S.C., and Senator Elizabeth Warren, D-Mass., said this week they plan to introduce legislation to cancel student loan debt for nearly 42 million borrowers. “For far too many students and families, the cost... Read More
WASHINGTON - State officials told the House Subcommittee on Oversight and Investigations Tuesday that questionable practices by the servicers of student loans are saddling a generation with enormous debt that if left unchecked could stifle economic growth across the nation.... Read More
