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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   


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2 mins read

30 million student-loan borrowers waiting for Biden's broader debt cancellation just got a lifeline in court

A Georgia judge declined to block Biden's broader student-loan forgiveness plan, instead transferri…

Ayelet Sheffey   


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2 mins read

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

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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3 mins read

Pendency of large number of cheque bounce cases a serious concern: SC

The bench said it has to be remembered that dishonour of cheques is a regulatory offence which was …

PTI   


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2 mins read

A federal court just dealt a blow to 30 million student-loan borrowers by blocking Biden from carrying out his second try at broad debt cancellation

A federal court put a temporary restraining order on Biden's second try at broad student-loan forgi…

Ayelet Sheffey   


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4 mins read

Inside the 24-hour legal whiplash that sent 30 million student-loan borrowers into limbo

In the morning, a court handed millions of student-loan borrowers a lifeline. By the evening, a dif…

Ayelet Sheffey   


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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   


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1 min read

Loan scam case: SC cancels bail granted to DHFL's Wadhawans

The Supreme Court on Wednesday cancelled the bail granted to former DHFL promoters Kapil Wadhawan a…

PTI   


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2 mins read

8 million student-loan borrowers on Biden's new repayment plan don't have to make payments after a federal court blocked the program in full

A court blocked the SAVE student-loan repayment plan. All 8 million impacted borrowers will be plac…

Ayelet Sheffey   


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2 mins read

Ayelet Sheffey   


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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   


Ayelet Sheffey   


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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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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   


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4 mins read

DMK vows to repeal CAA if INDIA bloc is voted to power

Tamil Nadu's ruling DMK, a key constituent of the INDIA bloc, in its manifesto released on Wednesda…

PTI   


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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   


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3 mins read

DHFL scam, simplified: Here’s all about the Dheeraj Wadhawan case — allegedly India’s biggest banking loan fraud ever

The CBI also explains that the Wadhawans had allegedly created lakhs of fake borrowers by randomly …

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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