Biden admin says 3.6M borrowers are closer to student loan forgiveness through IDR reform
The Education Department is changing its policy around income-driven repayment (IDR) forgiveness, according to a press release.
4 in 5 borrowers could benefit from student loan forgiveness, but the price tag is high: NY Fed
If President Biden delivers on his promise of loan forgiveness, it could potentially benefit millions of borrowers. However, debt cancellation is a costly policy, according to the NY Fed.
Blackstone bets on campus housing with $13B acquisition
Blackstone Inc. will buy student-housing owner American Campus Connection for $12.8 billion.
Inflation causing Americans to postpone retirement, homebuying, college, vacations & more: Nationwide
Consumers are revising their future financial plans due to high inflation, according to a new survey from Nationwide.
Student loan payments resume in August: Here are 14 tips to help you prepare
Payments for federal student loans have been paused once more, and this time it’s been extended to Aug. 31, 2022.
Chicago-area teen working as Easter Bunny to save money for college
A Chicago-area teenager has come up with a creative way to save money for college by working as the Easter Bunny.
Student loan borrowers face difficulty with income-driven repayment plans: Brookings Institute
A new report from the Brookings Institute identified the most prominent problems with income-driven repayment plans and how to resolve them.
Biden 'has not ruled out' student loan forgiveness, White House says
President Biden “has not ruled out” widespread student loan forgiveness, White House Press Secretary Jen Psaki said at an April 6 briefing.
Student loan borrowers in default will receive 'fresh start' when forbearance ends: Education Department
Federal student loan borrowers who are in delinquency or default will be placed in good standing when payments resume in September, the Education Department announced.
Student loan borrowers rip Biden’s extension: ‘It’s very unfair’
Student loan borrowers sound off on Biden extending the pause on federal student loan repayments, saying it's "unfair" for those who have payed debts and are still actively paying.
Biden announces student loan payment pause extension: What borrowers can do now
The White House is extending the student loan freeze until Aug. 31, President Biden announced Wednesday. Federal student loan payments were originally set to restart in May.
Need to borrow for college? Why subsidized student loans should be your first option
Subsidized student loans are generally cheaper to repay because the government pays for your interest while you’re in school. Learn how they work.
Expert proposes new way for Biden to cancel student loans without Congress or executive action
President Joe Biden may be able to provide meaningful relief for Direct loan borrowers by revising an existing student loan forgiveness program, one analyst said.
College degree doesn’t mean more money: America’s career coach
Ken Coleman, author of “From Paycheck to Purpose,” discusses the alternatives to college degrees as enrollment continues to decline.
SoFi CEO urges Biden to cancel $10,000 in student loan debt, restart payments
SoFi CEO Anthony Noto is calling on the Biden administration to resume federal student loan repayment and provide $10,000 in student debt relief for distressed borrowers.
Many federal student loan borrowers at risk of delinquency when forbearance ends, NY Fed warns
Federal student loan borrowers in the Direct Loan program may face difficulty when payments resume in May, according to a report from the New York Federal Reserve.
How your student loans could be impacted by the Fed rate hike
Variable student loan rates are likely to rise after the Federal Reserve's March interest rate increases. This could mean higher monthly loan payments for some current borrowers.
This state wants to pay off $40K in student loan debt for first-time homebuyers
New details have been released about a bill in the Maine legislature that would offer significant student debt relief for first-time homebuyers in the state.
Sen. Murray urges Biden to extend student loan payment pause until 2023
The Washington senator wants to postpone the restart of federal student loan repayment until 2023 to address issues with the “broken” borrowing system.
Republicans say student loan forgiveness is 'not a solution' to rising cost of college
GOP lawmakers said that “blanket” student loan forgiveness wouldn't fix the federal student loan system. Here's what you need to know about the likelihood that President Biden will cancel student debt.