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2 mins read
Biden's second attempt at broader student-loan forgiveness could now happen in October
The Education Department plans to finalize its next student-loan forgiveness plan in October. Borro…
Ayelet Sheffey
10 mins read
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 Tangalakis-Lippert
2 mins read
Some student-loan borrowers might get debt cancellation now that a major forgiveness program is back
The Public Service Loan Forgiveness program was paused in May as borrowers were transitioned away f…
Ayelet Sheffey
2 mins read
2 federal courts just blocked student-loan forgiveness and cheaper monthly payments under Biden's new repayment plan
Two separate rulings from federal judges in Kansas and Missouri halted student-debt cancellation an…
Ayelet Sheffey
2 mins read
Trump calls Biden's student-loan-forgiveness efforts 'vile' and suggests voters shouldn't count on that relief if they elect Trump
During a campaign speech in Wisconsin, former President Donald Trump said Biden's student-debt-canc…
Ayelet Sheffey
2 mins read
Millions of student-loan borrowers are losing a key debt relief program in 30 days
The on-ramp period for student-loan borrowers ensured any missed payments weren't reported to credi…
Ayelet Sheffey
2 mins read
Millions of student-loan borrowers are about to lose a key safeguard that'll put their credit scores and debt relief at risk
The on-ramp period for student-loan borrowers is ending this month, meaning missed payments will no…
Ayelet Sheffey
4 mins read
A major student-loan company is once again at the center of a lawsuit blocking debt cancellation for millions of borrowers
The latest lawsuit that temporarily blocked broader debt cancellation argues the relief would harm …
Ayelet Sheffey
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
2 mins read
A key student-loan forgiveness program will soon be paused. Here's what you need to know.
Student-loan company MOHELA will no longer be the sole processor of the Public Service Loan Forgive…
Ayelet Sheffey
3 mins read
A new type of student-loan forgiveness is coming this month
Biden is set to begin canceling student debt for borrowers in the SAVE plan who originally borrowed…
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
3 mins read
Student-loan forgiveness through Biden's new repayment plan faces another lawsuit from 7 GOP states
Missouri's attorney general led a new lawsuit to block student-loan repayment through the SAVE plan…
Ayelet Sheffey
2 mins read
3 top Democratic lawmakers are calling for an investigation into a major student-loan company, accusing it of 'loan forgiveness mismanagement' for millions of borrowers
Sens. Elizabeth Warren, Chuck Schumer, and Bernie Sanders are calling for an investigation into stu…
Ayelet Sheffey
1 min read
The Supreme Court declined to allow cheaper student-loan payments for 8 million borrowers through Biden's new repayment plan
The Supreme Court said a lower court ruling blocking cheaper student-loan payments through the SAVE…
Ayelet Sheffey
2 mins read
Biden's new student-loan forgiveness plan has already received over 24,000 comments. There are 2 weeks left to give the administration input.
The Education Department plans to begin implementing Biden's new student-debt cancellation plan thi…
Ayelet Sheffey
3 mins read
I was drowning in $370,000 of student loan debt with my salary as a teacher. Then, it was all forgiven.
A woman with a Ph.D. and $370,000 in student loan debt struggled to pay down her loans. She cried w…
Sarah Graves
4 mins read
How an unrelated Supreme Court decision could jeopardize Biden's new student-loan forgiveness plan before it even goes into effect
While Biden's new student-loan forgiveness plan isn't set to go into effect until the fall, a separ…
Ayelet Sheffey
2 mins read
Over a dozen GOP states seeking to block student-loan forgiveness through Biden's SAVE repayment plan may have been set back by a separate court ruling
A ruling in a separate lawsuit to block student-debt relief could suggest how the court might rule …
Ayelet Sheffey
2 mins read
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.…