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Thousands of defrauded student-loan borrowers have waited 'three presidential administrations' for debt forgiveness, 16 lawmakers say

Elizabeth Warren was among Democrats urging Biden to "make good on its promise to defrauded borrowe…

Ayelet Sheffey   


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The uneven impact of the $1.7 trillion student debt crisis on Black Americans is 'entirely unsustainable,' Chuck Schumer and NAACP's Derrick Johnson say

The racial wealth divide will not subside "so long as student debt continues to grow at its current…

Ayelet Sheffey   


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Ayelet Sheffey   


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Ohio State wants to wipe out its student debt and just launched an $800 million program to do it within 10 years

Ohio State, one of the largest state schools, will offer all undergrads a mix of scholarships and g…

Ayelet Sheffey   


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A growing number of colleges are abolishing student loans to avoid making the $1.7 trillion debt crisis worse

More colleges are following Princeton and Amherst's lead by removing student loans from financial a…

Ayelet Sheffey   


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Biden's student-loan forgiveness might not be doomed if the Supreme Court strikes it down — he could take another legal path

There might be another legal route for Biden's student-debt relief if lawsuits currently blocking t…

Ayelet Sheffey   


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Why a Harvard economist who opposed Biden's student debt forgiveness pledge as a 'crude and inequitable tool' changed her mind

"I once thought forgiveness to be an expensive Band-Aid, a distraction from fundamental reform," Su…

Jason Lalljee   


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Elizabeth Warren's proposal to cancel $50,000 in student debt would benefit low-income borrowers more, report finds

The Roosevelt Institute found loan forgiveness is actually regressive, despite a popular argument t…

Ayelet Sheffey   


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Ayelet Sheffey   


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When it comes to canceling student debt, the Trump administration was the party of no. Biden is the party of 'conversations are continuing.'

Newly released documents found Biden has been holding on to a memo detailing whether he can broadly…

Ayelet Sheffey   


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Elizabeth Warren slams Rick Scott's 'shameless attempt' to pass a bill that would block Biden's student-loan forgiveness

After his bill was blocked, Rick Scott said student-debt cancellation would "pay for those who want…

Ayelet Sheffey   


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3 mins read

Biden's student-loan forgiveness is at risk. It may have helped stop a 'red tsunami' as Gen Z flocked to the polls to save their relief.

Student-loan forgiveness is stalled, but it didn't stop young people from turning out. Their role "…

Ayelet Sheffey   


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4 House Republicans oppose mass student-debt cancellation, saying it's unfair. They want a promise it won't happen.

The GOP letter wants a promise not to go beyond "what the law clearly allows" with student debt but…

Ayelet Sheffey   


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Biden wants to go big on the economy but go small on student-debt reform

President Joe Biden does not believe he can use his executive power to cancel $50,000 in student lo…

Ayelet Sheffey   


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AOC criticizes Biden's opposition to $50,000 in student loan forgiveness, saying his argument 'is looking shakier by the day'

"Entire generations of working class kids were encouraged to go into more debt under the guise of e…

John L. Dorman   


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Biden dismisses a Democratic plan to wipe out $50,000 in federal student-loan debt

President Joe Biden supports $10,000 in loan forgiveness, far less than Sens. Elizabeth Warren and …

Joseph Zeballos-Roig   


Ayelet Sheffey   


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3 mins read

Biden has been assessing the legality of canceling $50,000 in student debt for millions of Americans. After several months, there's still no word.

Biden asked both the Education and Justice Depts. to review his ability to cancel $50,000 in studen…

Ayelet Sheffey   


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Princeton will cover all tuition costs for most families making under $100,000 a year, after getting rid of student loans

Princeton was the first university to replace student loans with grants — and now 25% of its underg…

Ayelet Sheffey