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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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2 mins read

Global government borrowing is set to top $100 trillion — and shows no signs of slowing down

Broader support for more public spending, resistance to tax hikes, and spending pressures have driv…

Theron Mohamed   


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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

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   


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2 mins read

Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global

Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…

ANI   


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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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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

8 million student-loan borrowers struggling to afford key long-term expenses could get debt cancellation through a new Biden proposal

The Education Department released its proposal to get student-debt relief to borrowers facing finan…

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

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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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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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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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   


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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

30 million student-loan borrowers get bad news after a Trump-appointed federal judge officially blocks Biden from carrying out broader debt cancellation

Just hours after the lawsuit to block broader student-loan forgiveness was transferred to Missouri,…

Ayelet Sheffey   


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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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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

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   


Ayelet Sheffey