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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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Russia says it will use rubles to pay dollar bonds after the US ended a sanctions waiver

Russia is staring down an "artificial situation created by an unfriendly nation," Finance Minister …

Phil Rosen   


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78,000 student-loan borrowers in public service are getting $6 billion in debt wiped out after facing 'logistical troubles and trap doors'

Biden will also email an additional 380,000 student-loan borrowers in public service to inform them…

Ayelet Sheffey   


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74,000 student-loan borrowers are getting $5 billion debt wiped out in Biden's latest batch of repayment reforms

Biden announced his administration has approved another round of student-debt relief for public ser…

Ayelet Sheffey   


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Phil Rosen   


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Ayelet Sheffey   


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Government and nonprofit workers with student debt have 2 more months to use a waiver that will bring them closer to loan forgiveness

The Education Department says Oct. 31 is the final day student-loan borrowers can make use of the P…

Ayelet Sheffey   


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3 mins read

A student-loan borrower who received debt cancellation a year ago was just told it was a mistake and now his $93,000 balance is reinstated

After Okwara, 36, received student-debt relief, he bought a home and started investing. But MOHELA …

Ayelet Sheffey   


Ayelet Sheffey   


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It doesn't look like broad student-loan forgiveness will happen under Biden's new debt relief plan

While the Education Department said some student-loan borrowers could see all their debt wiped out …

Ayelet Sheffey   


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Ayelet Sheffey   


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Ayelet Sheffey   


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Student-loan borrowers who combined their debt balances with a spouse are blocked from Biden's one-time debt relief

Couples may have decided years ago that combining their student-loan balances was their best bet. N…

Ayelet Sheffey   


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Here's how the government’s new debt relief scheme for small business owners will work

Individuals with an annual income of ₹60,000 or less and assets worth up to ₹20,000 are elig…

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5 mins read

A student-loan worker who enrolled people in the first income-based debt-repayment plans says it was 'a bad program from the very beginning'

"We didn't even want to tell people about loan forgiveness ... because we knew how unlikely it woul…

Ayelet Sheffey   


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Ayelet Sheffey   


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4 mins read

The student-loan crisis is facing a shake-up — and lawmakers are worried Biden's Education Department isn't ready to handle it

Both Democratic and Republican lawmakers have expressed concerns with Biden's ability to implement …

Ayelet Sheffey   


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Ayelet Sheffey   


Ayelet Sheffey