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Biden administration withdraws student loan forgiveness plans. What borrowers should know
The Biden administration has withdrawn its two major plans to deliver student loan forgiveness to millions of Americans. Here’s what borrowers should know.
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New round of student loan debt forgiveness will benefit 54,900 public service workers
President Biden announced this morning that his administration has cancelled the student debt for about 55,000 borrowers.
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Biden forgives $4.28 billion in student debt for 54,900 borrowers
The Biden administration announced on Friday that it would forgive another $4.28 billion in student loan debt for 54,900 borrowers who work in public service.
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Biden's student loan forgiveness ‘Plan B' is in its ‘last step,' expert says. What borrowers need to know
The Biden administration is still taking steps to deliver sweeping student loan forgiveness to millions of Americans.
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Federal student loan borrowers in default may again face wage garnishments, collections
Federal student loan borrowers who fall behind on their bills will face financial consequences once again. Here’s what to know.
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Could Trump reinstate the student debt that Biden forgave? Here's what experts say
Millions of student loan borrowers have had their debt forgiven under the Biden administration. Could President-elect Donald Trump claw back that relief?
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Student loan servicers are pulling incorrect payments from borrowers' bank accounts
Lenders often encourage federal student loan borrowers to sign up for automatic payments. But a new report shows the decision can backfire.
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These 17 factors could soon make you eligible for student loan forgiveness
The Biden Administration has outlined two pathways for student loan borrowers facing financial hardship to get debt relief.
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Biden's latest student debt plan would create forgiveness path for borrowers facing financial ruin
The Biden administration introduced a proposal to deliver student loan forgiveness to millions of people experiencing devastating financial hardship.
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Biden extends student loan payment pause by 6 months for 8 million SAVE plan borrowers
Student loan payments for some 8 million borrowers will remain on pause for six months or longer, a spokesperson for the U.S. Department of Education said.
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Biden administration forgives $4.5 billion in student debt for over 60,000 public service workers
The Biden administration announced on Thursday that it was forgiving another $4.5 billion in student debt for over 60,000 borrowers.
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Missouri judge blocks Biden student loan forgiveness that was cleared to proceed
The Biden administration’s new sweeping student loan forgiveness plan is temporarily blocked again, a federal judge ruled.
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Biden administration can move forward with student loan forgiveness, federal judge rules
A federal judge will let expire a temporary restraining order against the Biden administration’s sweeping new student loan forgiveness plan.
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Republican-led states sue to block Biden's sweeping student loan forgiveness plan
Republican-led states have sued the Education Department to block the Biden administration from carrying out its sweeping new student loan forgiveness plan.
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Student loan forgiveness expectations may fuel more borrowing, expert says
College students may be borrowing more for the coming year in part because of debt cancellation expectations, recent research suggests.
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This 85-year-old mom co-signed her daughter's student loan years ago. Now she fears the lender may take her house
Many people who borrow private student loans are required to get a co-signer, a requirement that can spread the pain if repayment becomes a challenge.
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How to get your student debt forgiven under a state program. Some are ‘really generous,' expert says
With the fate of federal student loan forgiveness programs facing uncertainty, borrowers should explore the many state-level relief options available.
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These 4 groups of borrowers will qualify for Biden's next round of student loan forgiveness
The U.S. Department of Education is still finalizing its new student loan forgiveness plan. Here are the four groups likely to benefit.
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Education Secretary Dr. Cardona shares Biden administration's plans to alleviate more student debt
Efforts to reduce or eliminate student loan debt have been a hallmark of the Biden administration. Thursday, U.S. Education Secretary Dr. Miguel Cardona was in Philadelphia talking to workers who’ve benefited from student loan forgiveness. NBC10’s Lauren Mayk sat down with him to talk about that and other education issues.
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If you enrolled in the SAVE plan, you may not have a payment due for now — what borrowers need to know
A federal court ruled that President Joe Biden’s SAVE plan can’t proceed with lower payments or debt forgiveness for millions of federal student loan borrowers.