WASHINGTON -- Within days, millions of Americans are expected to be able to take their first steps to cancel up to $20,000 in debt under President Joe Biden's federal student loan forgiveness program ...
Since 2005, student loan debt has increased by more than tenfold, growing from roughly $160 billion to over $1.7 trillion currently. During his term, President Biden forgave approximately $188 billion ...
Many borrowers have already met the requirements for loan forgiveness under income‑driven repayment (IDR) plans.
Millions of student loan borrowers whose monthly payments were reduced to as low as $0 under a forgiveness plan started by the Biden Administration could be forced to move to new repayment plans and ...
Here's what student loan borrowers should know about the consequences of remaining in the SAVE forbearance — and what their ...
On Tuesday, the Trump administration announced that it reached a settlement with several Republican states to end Joe Biden’s student loan repayment program (SAVE). The settlement still has to be ...
WASHINGTON, DC - JUNE 30: Demonstrators march in favor of student loan forgiveness in 2023. The Education Department this week announced a new batch of student loan forgiveness approvals under a ...
More than half a million federal student loan borrowers remain in a backlog of applications for an affordable repayment plan, ...
The Department of Education building in Washington, D.C., March 24, 2025. Editorial Fellow Millions of student loan borrowers whose monthly payments were reduced to as low as $0 under a forgiveness ...
President Donald Trump's rule to limit the Public Service Loan Forgiveness program is set to go into effect in July 2026.Rattankun Thongbun/Getty Images Big changes are coming for a long-standing ...
The U.S. Department of Education plans to end a student loan debt forgiveness program used by millions of Americans. The feds said Dec. 9 that they had reached a proposed court settlement to kill the ...
The Education Department quietly confirmed last week that student loan forgiveness for certain borrowers under several income-driven repayment plans is paused again. And there are few details about ...