You Searched For "student loan debt" and got 20 results
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3 mins read
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…
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
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
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
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.…
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
8 million student-loan borrowers on Biden's new repayment plan just got more bad news after a federal court officially blocked cheaper payments and debt cancellation
The 8th Circuit ruled that Biden cannot carry out cheaper student-loan payments and debt relief thr…
Ayelet Sheffey
4 mins read
Student-loan borrowers are entering a new 'Wild West' where any form of debt relief is much less certain
The Supreme Court struck down the Chevron doctrine, inviting uncertainty over the fate of federal r…
Ayelet Sheffey
2 mins read
A major student-loan company is being sued over claims it mismanaged 8 million borrowers' accounts, blocking them from lower payments and debt relief
The American Federation of Teachers filed a lawsuit against student-loan company MOHELA over claims…
Ayelet Sheffey
2 mins read
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
2 mins read
A federal court has now blocked Biden's new student-loan repayment plan in full, prohibiting borrowers from getting cheaper payments and debt cancellation
The 8th Circuit Appeals Court blocked the SAVE student-loan repayment plan in its entirety, forcing…
Ayelet Sheffey
4 mins read
A millennial who made $170,000 secretly working two remote jobs says it helped him pay off about $50,000 in student loans
An Arizona-based millennial said secretly working a second remote job doubled his income and helped…
Jacob Zinkula
5 mins read
A millennial couple details how they went from $150,000 in debt to a net worth of $1.5 million in a decade without elite jobs or risky investments
Lawrence Delva-Gonzalez grew his net worth through investing heavily in retirement accounts, buying…
Noah Sheidlower
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
2 mins read
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
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 Tang…
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
3 mins read
A boomer living off Social Security is worried she'll lose lower student-loan payments through Biden's new plan: 'It seems like a war on the old and the poor'
Sue, 70, has $84,000 in student loans, and the SAVE plan helped her manage her payments. Now that i…
Ayelet Sheffey
2 mins read
Student-loan payments will be paused for 3 million borrowers after federal judges blocked debt cancellation and cheaper bills through Biden's new repayment plan
After judges blocked key parts of the SAVE student-loan repayment plan, the Education Department sa…
Ayelet Sheffey
2 mins read
Some student-loan borrowers with private debt have a chance to get their balances wiped out — but they have to ask for it
Student-loan company Navient has a process for borrowers with private debt to apply for relief if t…