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Since student loan repayment resumed in October 2023, borrowers with defaulted federal student loans — meaning the borrowers failed to make a payment in 270 days or roughly 9 months — have ...
President Joe Biden's student loan forgiveness program can take effect after a judge ruled Wednesday that he would let a temporary restraining order on the plan expire. It’s a minor victory for ...
President Biden announced his plan Wednesday to forgive the student loan debt of some borrowers. Follow here for the latest live news updates and reactions.
The U.S. Supreme Court has struck down President Biden’s plan for federal student loan forgiveness, meaning millions of federal borrowers will not see their debts decreased or erased.
Today, President Biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the Saving on a Valuable Education (SAVE)...
The Biden-Harris Administration announced today the approval of roughly $1.2 billion in additional student loan relief for 35,000 borrowers across the country who work in public service. These approvals are the result of significant fixes that the Administration has made to the Public Service Loan Forgiveness (PSLF) Program.
In a surprise move, the Biden administration says it will fast-track a big change, previously scheduled for July, that will soon erase the debts of thousands of federal student loan borrowers —...
Starting tomorrow, the U.S. Department of Education (Department) will begin emailing all borrowers with at least one outstanding federally held student loan to provide updates on potential student debt relief, and to inform them they have until August 30 to call their servicer and opt out if they do not want this relief.
President Biden on Friday announced another $5 billion in student loan forgiveness for 74,000 borrowers. It’s the latest batch of student debt cancellations after the Supreme Court struck down...
President Biden announced last year that the federal government would cancel up to $20,000 worth of federal student loans, and about two months later the Education Department began accepting...