NEW YORK (AP) — President Joe Biden’s plan to provide up to $20,000 in federal student loan forgiveness has been blocked by two federal courts, leaving millions of borrowers wondering what happens next.
ST. LOUIS (AP) — President Joe Biden's plan to forgive student loan debt for millions of borrowers was handed another legal loss Monday when a federal appeals court panel agreed to a preliminary injunction halting the program while an appeal plays out.
WASHINGTON (AP) — The Biden administration is no longer accepting applications for student loan forgiveness after a second federal court shut down the program.
DOVER, Delaware (AP) — President Joe Biden said Friday that nearly 22 million people have applied for federal student loan relief in the week since his administration made its online application available — more than half of the number the White House believes are eligible for the program.
ST. LOUIS (AP) — A federal appeals court late Friday issued an administrative stay temporarily blocking President Joe Biden's plan to cancel billions of dollars in federal student loans, throwing the program into limbo just days after people began applying for loan forgiveness.
ST. LOUIS (AP) — A federal judge on Thursday dismissed an effort by six Republican-led states to block the Biden administration's plan to forgive student loan debt for tens of millions of Americans.
NEW YORK (AP) — President Joe Biden’s student loan forgiveness program. announced in August, will cancel up to $20,000 in debt per borrower.
WASHINGTON (AP) — President Joe Biden on Monday officially kicked off the application process for his student debt cancellation program, opening the door for millions of Americans to apply for up to $20,000 in forgiveness.
WASHINGTON (AP) — President Joe Biden on Monday officially kicked off the application process for his student debt cancellation program and announced that 8 million borrowers had already applied for loan relief during the federal government's soft launch period over the weekend.
ST. LOUIS (AP) — A federal judge in St. Louis is weighing the fate of the Biden administration's plan to forgive student loan debt for tens of millions of Americans following a court hearing on Wednesday.
WASHINGTON (AP) — Six Republican-led states are suing the Biden administration in an effort to halt its plan to forgive student loan debt for tens of millions of Americans, accusing it of overstepping its executive powers.
NEW YORK (AP) — When President Joe Biden announced a plan to forgive student loan debt, many borrowers who kept making payments during the pandemic wondered if they'd made the right choice.
WASHINGTON (AP) — Building on President Joe Biden’s student debt cancellation plan, House Democrats on Thursday proposed new legislation that would increase federal student aid, lower interest rates on loans and take other steps to make college more affordable.
President Joe Biden says he hopes his proposal to forgive federal student loans will narrow the nation's racial wealth gap.
WASHINGTON (AP) — Any federal student loans used to attend the for-profit Westwood College from 2002 through 2015 will be canceled after federal officials found that the school greatly exaggerated the job prospects of its graduates, the Biden administration announced Tuesday.
COLUMBIA, S.C. (AP) — To Democrats championing the White House’s student loan forgiveness plan, it was the long-awaited delivery of one of President Joe Biden’s campaign promises.
NEW YORK (AP) — Under a new plan announced by President Joe Biden, many Americans can have up to $10,000 in federal student loan debt forgiven. That amount increases to $20,000 if they qualified for Pell grants.
WASHINGTON (AP) — For millions of Americans, President Joe Biden’s student loan cancellation offers a life-changing chance to escape the burden of debt.
WASHINGTON (AP) — More than 40 million Americans could see their student loan debt reduced — and in many cases eliminated — under the long-awaited forgiveness plan President Joe Biden announced Wednesday, a historic but politically divisive move in the run-up to the midterm elections.
For Nick Marcil, the cancellation of $10,000 of his student loans could mean at last moving out of his parents' house.
WASHINGTON (AP) — Students who used federal loans to attend ITT Technical Institute as far back as 2005 will automatically get that debt canceled after authorities found “widespread and pervasive misrepresentations” at the defunct for-profit college chain, the Biden administration announced Tuesday.
NEW YORK (AP) — More than 145,000 U.S. borrowers have had the remainder of their student loan debt canceled through the Public Service Loan Forgiveness program, and officials say many more likely qualify.
NEW YORK (AP) — When Melissa Martinez applied to have her student loan debt forgiven more than a decade ago, the U.S. Department of Education told her she was ineligible.
Martinez, a professor, tried again this past year and managed to erase the last $6,000 she owed for her doctorate.
New rules proposed by the Biden administration on Wednesday would make it easier for borrowers to get their federal student debt forgiven through several existing programs.
The action is intended to overhaul relief programs that have been criticized for their burdensome paperwork requirements and long processing times.
The Biden administration has agreed to cancel $6 billion in student loans for about 200,000 former students who say they were defrauded by their colleges, according to a proposed settlement in a Trump-era lawsuit.
WASHINGTON (AP) — As college graduates wait to see whether President Joe Biden will wipe out some of their student loan debt, his administration is taking a more limited step to address a fraud scandal at Corinthian Colleges, a for-profit chain that collapsed nearly a decade ago.
WASHINGTON (AP) — President Joe Biden said Thursday that he's “taking a hard look” at canceling additional federal student loan debt and will reach a decision within a month.
“I am considering dealing with some debt reduction,” Biden told reporters in the Roosevelt Room at the White House.
The Biden administration on Wednesday announced that federal student loan payments will remain paused through Aug. 31, extending a freeze that began in 2020 but was set to end after this month. The action is meant to help millions of borrowers regain financial footing before they’re back on the hook for payments.
WASHINGTON (AP) — The Biden administration plans to freeze federal student loan payments through Aug. 31, extending a moratorium that has allowed millions of Americans to postpone payments during the coronavirus pandemic, according to an administration official familiar with the White House's decision-making.
CONCORD, N.H. (AP) — U.S. Sen. Maggie Hassan is calling for an investigation into whether some student loan providers mislead millions of borrowers about their rights if they declare bankruptcy.
The New Hampshire Democrat said Saturday that she's signed onto a letter with her Senate colleagues seeking a review by the Consumer Financial Protection Bureau.
HARRISBURG, Pa. (AP) — Tens of thousands of people who took out student loans over the past 20 years could see their loans canceled or receive a small check as part of a nationwide settlement with Navient, a major student loan collecting company, over allegations of abusive lending practices.
OLYMPIA, Wash. (AP) — Washington state Attorney General Bob Ferguson says a major student loan servicer will provide about $45 million in debt relief and restitution to settle the state's lawsuit that alleged it deceived loan seekers and engaged in unfair practices.
WASHINGTON (AP) — The Biden administration on Wednesday extended a student loan moratorium that has allowed tens of millions of Americans to put off debt payments during the pandemic.
Under the action, payments on federal student loans will remain paused through May 1.
A student debt forgiveness program with notoriously complex eligibility rules is getting an overhaul from the Biden administration, with the intent of extending debt relief to thousands of public workers.
The Biden administration is temporarily relaxing the rules for a student loan forgiveness program that has been criticized for its notoriously complex requirements — a change that could offer debt relief to thousands of teachers, social workers, military members and other public servants.
OAKLAND, Calif. (AP) — A California woman has been arrested on suspicion of masterminding a student loan debt relief scam that bilked thousands of borrowers out of more than $6 million, the state's top prosecutor announced Tuesday.
The debate over student loan debt often neglects a significant group: parents.
About 1 in every 3 dollars the federal government lent for undergraduate education last year were in a parent’s name.
The Biden administration announced Thursday it will automatically erase student loan debt for more than 300,000 Americans with severe disabilities that leave them unable to earn significant incomes.
The Biden administration on Friday issued what it says will be the final extension to a student loan moratorium that has allowed millions of Americans to put off debt payments during the pandemic.
Under the action, payments on federal student loans will remain paused through Jan.
The federal government’s pause on student loan payments is being extended to more than 1 million borrowers who have defaulted on student loans that are held by private lenders, the Education Department announced Tuesday...
The tax break on college debt cancellations in the WASHINGTON (AP) — U.S. consumers took out more auto and student loans in October, but cut back on credit card borrowing, a sign that they remain cautious about spending amid a spike in virus cases...
WASHINGTON (AP) — U.S. consumers took out more auto and student loans in October, but cut back on credit card borrowing, a sign that they remain cautious about spending amid a spike in virus cases...
The Trump administration on Friday suspended all federal student loan payments through the end of January and kept interest rates at 0%, extending a moratorium that started early in the pandemic but was set to expire at the end of this month...
Americans who struggled through 2020 could face more hardship in the year ahead as pandemic related payments and protections come to an end...
You don’t have to make another federal student loan payment in 2020. Now is the time, though, to decide what to do before your bill arrives in January 2021...
A new high school graduate may take out about $37,200 in student loans for college, according to a The U.S. Education Department is promising to process student loan forgiveness claims for nearly 170,000 borrowers within 18 months as part of a proposed settlement announced Friday in a federal lawsuit...
The U.S. Education Department is promising to process student loan forgiveness claims for nearly 170,000 borrowers within 18 months as part of a proposed settlement announced Friday in a federal lawsuit...
The coronavirus has dealt a financial blow to millions of Americans and now April's bills are coming due...
The Trump administration announced Friday that states can cancel federally required school testing this year to protect students and teachers, a measure that some states had requested as they shut down schools over the coronavirus pandemic.