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3 mins read
A second Trump term would be 'chaos' for student loan borrowers
Trump has intensified his verbal attacks on student loan forgiveness and a recent Supreme Court rul…
Katherine Tangalakis-Lippert
2 mins read
Student-loan companies put up 'excessive barriers' and gave borrowers inaccurate information about debt relief, a federal consumer watchdog says
A new report from the CFPB found that student-loan companies engaged in "unfair and abusive acts" w…
Ayelet Sheffey
1 min read
Govt plans to borrow ₹7.5 lakh crore from market in first half of FY25
The Centre is planning to raise Rs 7.5 lakh crore through market borrowing in the April-September …
PTI
2 mins read
Student-loan payments will be paused for 3 million borrowers after federal judges blocked debt cancellation and cheaper bills through Biden's new repayment plan
After judges blocked key parts of the SAVE student-loan repayment plan, the Education Department sa…
Ayelet Sheffey
3 mins read
Student-loan borrowers on Biden's new repayment plan get a win after a federal court rules that cheaper monthly payments can go into effect
Cheaper monthly student-loan payments are allowed to resume after federal courts blocked parts of t…
Ayelet Sheffey
2 mins read
Some student-loan borrowers have one week left to benefit from a temporary measure that'll bring them closer to debt cancellation
Student-loan borrowers on income-driven repayment plans and PSLF have until June 30 to consolidate …
Ayelet Sheffey
2 mins read
Some student-loan borrowers with private debt have a chance to get their balances wiped out — but they have to ask for it
Student-loan company Navient has a process for borrowers with private debt to apply for relief if t…
Ayelet Sheffey
2 mins read
Some student-loan borrowers will soon get cheaper monthly payments through Biden's new repayment plan — but their accounts might be paused in the meantime
The Education Department is placing some student-loan borrowers on the SAVE plan on forbearance as …
Ayelet Sheffey
2 mins read
160,500 more student-loan borrowers are getting $7.7 billion in 'much needed' debt cancellation
The latest student-loan forgiveness announcement means that more than one out of every 10 federal b…
Ayelet Sheffey
8 mins read
These student-loan borrowers qualify for debt cancellation through the government, but they're struggling to get the same relief on their private balances: 'I feel so defeated. I feel trapped.'
Biden forgave student loans for borrowers who went to schools accused of fraud. Private borrowers a…
Ayelet Sheffey
4 mins read
Student-loan borrowers who were set to get debt cancellation or lower payments through Biden's new repayment plan won't get it for now. Here's what you need to know.
Two separate court rulings blocked parts of the SAVE plan, including student-debt relief and cheape…
Ayelet Sheffey
2 mins read
Student-loan borrowers just got 2 extra months to benefit from a temporary debt relief reform
Student-loan borrowers now have until June 30 to consolidate their loans and get the one-time accou…
Ayelet Sheffey
2 mins read
Student-loan borrowers in public service will now have to wait until July for their debt relief forms to be processed
The Public Service Loan Forgiveness program is transferring away from student-loan company MOHELA, …
Ayelet Sheffey
4 mins read
A key phase in Biden's new student-loan forgiveness plan has wrapped up, bringing borrowers one step closer to relief. But pushback is brewing.
The public comment period for Biden's new student-loan forgiveness plan is over, meaning implementa…
Ayelet Sheffey
4 mins read
Kevin Costner says 'Yellowstone' spinoff '1883' may have 'borrowed' from his new movie as creator Taylor Sheridan read a script in 2019
"Whether he borrowed something, only he'd have to admit to," Costner said of the "Yellowstone" crea…
Eve Crosbie
2 mins read
Interest rates on student loans are rising yet again. It'll make things a lot more expensive for new borrowers this fall.
Interest rates on federal student loans are increasing by more than 1% on July 1, marking the highe…
Ayelet Sheffey
2 mins read
Student-loan borrowers enrolled in Biden's new repayment plan may have gotten a win after a federal judge ruled only 3 states 'just barely' have standing to challenge the plan
Of the 11 GOP state attorneys general who sued to block the SAVE student-loan repayment plan, a jud…
Ayelet Sheffey
4 mins read
A Gen Xer got $110,000 in student loans forgiven after he'd paid off more than he borrowed. It's allowed him to scrap his plans to work part time in retirement.
Steven Perry, 58, thought the notice confirming his student-loan forgiveness was a scam. But after …
Ayelet Sheffey
2 mins read
Student-loan borrowers will start to see 'improvements' to the repayment process starting this month
The Education Department announced it will begin streamlining federal student-loan servicing platfo…
Ayelet Sheffey
3 mins read
Student-loan borrowers should no longer be serviced by a major company that's been scrutinized for bad behavior, a group of Democratic lawmakers and advocates say: 'It's time to fire MOHELA'
The Education Department has already punished MOHELA, but Rep. Ilhan Omar said that "it is time to …