A Joe Biden presidency could mean big changes for people with student loans. The Democratic candidate is promising to forgive some of the debt, slash borrowers' monthly payments and allow them to walk away from their debt in bankruptcy.
As President Joe Biden considers student loan forgiveness in 2022, experts say college costs must drop to prevent the need for future cancelation.
In a surprise announcement last week, the Biden administration said that it would be reducing payments and pushing out a key deadline for some borrowers.
On Feb. 21, the White House announced more than 150,000 borrowers enrolled in the new income-driven repayment plan, SAVE, will get student debt cancellation. You may still qualify — but you need to take action.
How do I qualify? What do I need to do to get my loan relief? Here's what you should know about the plan.
President Joe Biden approved student loan relief for another 74,000 borrowers on Friday, waiving $4.9 billion in debt.
The sweeping new proposals, if enacted, could ease student loan debt for millions of borrowers.
Eligible student loan borrowers can now apply to have some of their debt forgiven. The official application is now open. Follow for live news updates.
The Biden administration has released new details on the potential scope of a new student loan forgiveness plan.
The Department of Education is reconsidering what counts toward income-driven repayment forgiveness. As of May 15, 2024, more than 996,000 longtime borrowers have qualified for roughly $49.2 billion in student loan forgiveness.
After President Joe Biden's historic announcement on forgiving student debt, borrowers have countless questions. Here are some answers.
The Supreme Court on Tuesday will take up two challenges to President Joe Biden’s student loan forgiveness program – an initiative aimed at providing targeted debt relief to millions of student-loan borrowers – that has so far been stalled by legal challenges.
Student loan borrowers hoping for forgiveness were given some hope with the election of Joe Biden. Here's what the president-elect's plan would do.
Biden has a Plan B for student debt. Will it survive the Supreme Court?
Borrowers hoping that President Biden will forgive student loans got a boost of hope this week. Here's what it means.
The Biden administration calls it a “student loan safety net.” Starting this summer, millions of Americans with student loans will be able to enroll in a new...
The Supreme Court issued two monumental 6-3 decisions Friday, the final day of its current term. The court blocked President Joe Biden’s student loan forgiveness program and limited LGBTQ protections in a separate case.
In response to court rulings earlier this week that blocked key components of a student loan policy, the Biden administration is planning to place about 3...
The Biden Administration wants to make student loan repayment easier and more affordable for middle and low-income earners.