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Lack of funds stopping you from pursuing higher education? The government can come to rescue
The Indian government launched the PM-Vidyalaxmi scheme to provide financial assistance for higher …
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
More student-loan borrowers are taking advantage of an updated route to get rid of their debt in bankruptcy court, top Democratic senators say
Sen. Elizabeth Warren led some of her colleagues in calling on Biden's administration to bolster ou…
Ayelet Sheffey
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
I went to an Ivy League college. The education alone wasn't worth the price tag, but the special privileges I now have are priceless.
Columbia's classes and student life weren't worth the student loans. However, being an Ivy League a…
Santiago Barraza Lopez
More than 1 million student-loan borrowers could soon be transferred to a new company after their servicer requested a lighter load, the Education Department says
The Education Department agreed to student-loan company MOHELA's request to transfer some of its bo…
Ayelet Sheffey
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
305,000 student-loan borrowers got the wrong billing information from their servicer and 'will not have payments due until these mistakes are fixed,' Biden's Education Department says
The Education Department said less than 1% of student-loan borrowers were impacted by payment issue…
Ayelet Sheffey
Here’s how your life insurance plans are set to change
IRDA has brought forth many changes for life insurance products, in a bid to make them more custome…
New rules prevent colleges from leaving student-loan borrowers with 'shoddy educations' and lots of debt, Biden's Education Department says
The Education Department released new rules to hold colleges accountable for behavior that puts stu…
Ayelet Sheffey
Millions of student-loan borrowers are getting new details on qualifying for Biden's broader debt cancellation plan coming this fall
The Education Department is getting close to implementing its broader student-debt cancellation pla…
Ayelet Sheffey
Student-loan borrowers are getting $100 million in payments after being 'cheated' out of lower bills by a major lender, a federal consumer watchdog says
Student-loan company Navient is barred from servicing federal loans in a settlement it reached with…
Ayelet Sheffey
Millions of student-loan borrowers' payments are being 'wildly' mismanaged by a major servicer — and it might be time to terminate its contract, over 50 Democratic lawmakers say
Student-loan company MOHELA is facing two lawsuits over claims it mistreated millions of borrowers.…
Ayelet Sheffey
A major student-loan company is 'improperly' rejecting some borrowers for debt cancellation they qualify for, 18 Democratic lawmakers say
Sen. Elizabeth Warren is leading her colleagues in asking student-loan company Navient for answers …
Ayelet Sheffey
Meet the millennials who got student-loan forgiveness and now have the freedom to save for retirement, grow their families, and consider going back to school
BI spoke to millennials who received student-loan forgiveness over the past few years due to Biden'…
Ayelet Sheffey,Katherine Tang…
Elizabeth Warren is asking a major student-loan company to cancel debt for borrowers with 'decades-old predatory private' loans. Here's how.
Millions of student-loan borrowers are being transferred from Navient to MOHELA. Elizabeth Warren w…
Ayelet Sheffey
More student-loan borrowers are getting debt cancellation through bankruptcy 2 years after Biden streamlined the process
The Justice Department announced that 98% of student-loan borrowers who requested bankruptcy relief…
Ayelet Sheffey
Millions of student-loan borrowers should be on the lookout for an email update on Biden's broader debt cancellation plan. They might need to take action.
The Education Department is taking another step toward implementing its broader student-loan forgiv…
Ayelet Sheffey
Student-loan forgiveness and cheaper monthly payments are on the line as the GOP's plan to slash Education Department funding moves forward
House Republicans are proposing to cut Federal Student Aid's budget by $264 million. It would pose …
Ayelet Sheffey
Student-loan borrowers on Biden's new repayment plan have 2 options to get credit toward debt cancellation while the program is blocked
With the SAVE plan blocked, student-loan borrowers have a couple of options to get credit toward de…