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3 mins read

Student-loan companies that don't do their jobs should be fired, Elizabeth Warren says. Her next target is one that manages 8 million borrowers.

After Navient was banned from federal student-loan servicing, Elizabeth Warren told BI it's a warni…

Ayelet Sheffey   


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2 mins read

Student-loan borrowers can expect 2 of Biden's key debt relief efforts to face roadblocks under Trump

President-elect Donald Trump is unlikely to continue Biden's student-debt relief efforts, from the …

Ayelet Sheffey   


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5 mins read

Millions of student-loan borrowers are waiting for broad debt cancellation. The next president won't have any immediate answers.

Millions of student-loan borrowers were counting on debt cancellation under Biden. Then came the la…

Ayelet Sheffey   


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2 mins read

8 million student-loan borrowers enrolled in Biden's new repayment plan won't have to make payments for at least another 6 months

The Education Department extended the student-loan payment pause by at least 6 more months for borr…

Ayelet Sheffey   


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2 mins read

60,000 student-loan borrowers in public service are getting $4.5 billion in debt cancellation while Biden's broader relief remains blocked in court

The latest student-loan forgiveness announcement brings the total number of borrowers approved for …

Ayelet Sheffey   


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5 mins read

Xi Jinping just fired his giant money cannon at the wrong target

Wall Street ate up China's newest plan to jump-start their economy. But Xi Jinping's ideas won't fi…

Linette Lopez   


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3 mins read

Student-loan borrowers keep getting more signals of a rocky repayment road ahead

A recent GAO report found just over half of student-loan borrowers are current on payments. Changes…

Ayelet Sheffey   


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2 mins read

Ayelet Sheffey   


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3 mins read

Walmart is going after Amazon in a new way and borrowing a strategy from Target

Walmart is increasingly leaning into strategies that Target has been laser-focused on for years, as…

Dominick Reuter   


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5 mins read

Walmart and Target borrowing ideas from each other shows we're in a new economic landscape

Walmart and Target are borrowing ideas from each other, making the stores look similar. But it's mo…

Dan DeFrancesco   


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2 mins read

35,000 student-loan borrowers in public service are getting $1.2 billion in debt wiped out after fixes to a key relief program

The Education Department approved another batch of student-loan borrowers for debt relief through t…

Ayelet Sheffey   


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2 mins read

A major student-loan company is being sued over claims it mismanaged 8 million borrowers' accounts, blocking them from lower payments and debt relief

The American Federation of Teachers filed a lawsuit against student-loan company MOHELA over claims…

Ayelet Sheffey   


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2 mins read

The 5 groups of student-loan borrowers Biden is targeting for his new broad debt cancellation plan

The Education Department is taking the next step to implement broad student-debt relief, and it ide…

Ayelet Sheffey   


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2 mins read

Target is lowering prices and boosting its budget brands as it battles Walmart for shoppers on the hunt for deals

Target is having less success so far emulating Walmart than Walmart has had emulating Target.

Dominick Reuter   


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2 mins read

Pressure is building on Biden to consider more student-loan borrowers for debt relief

Some of the negotiators on Biden's student-debt relief committee are officially asking for another …

Ayelet Sheffey   


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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   


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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   


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2 mins read

Some student-loan borrowers have just 1 month left to get closer to debt cancellation — and they need to take action

The one-time account adjustment for some student-loan borrowers ends soon. Those without qualifying…

Ayelet Sheffey   


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3 mins read

Student-loan borrowers could benefit from Biden's new debt cancellation plan as early as this fall. Here's what you need to know.

Over 30 million student-loan borrowers could benefit from Biden's new debt relief plan after the Su…

Ayelet Sheffey   


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2 mins read

277,000 student-loan borrowers who have 'paid what they can afford' for at least a decade are getting $7.4 billion in debt wiped out

Student-loan borrowers on the SAVE plan, along with other income-driven repayment plans and PSLF, a…

Ayelet Sheffey