Biden announces plan to bail out students for loan debts under $12K
Student borrowers enrolled in the Saving on Valuable Education (SAVE) plan will have their remaining debts canceled next month as part of a plan announced by President Biden on Friday.
Private student loan interest rates trend upward for 5- and 10-year loan terms
The latest private student loan interest rates from the Credible marketplace, updated weekly.
New FAFSA reveal comes with complications, delays
The Department of Education began its soft launch of the overhauled 2024-25 Free Application for Federal Student Aid (FAFSA). The 2024-2025 FAFSA form expands eligibility for federal student aid, including Pell Grants, and provides a streamlined user experience.
$44.5 million in federal funding going toward rural communities to improve higher education access
Due to fewer students in rural communities attending college, the Biden-Harris administration plans to send $44.5 million in funding to 22 rural institutions.
Biden renews 'keep going' call on college debt handouts
President Joe Biden reiterated on Tuesday that he and his administration wanted to "keep going" on canceling federal student loan debt. He has made similar comments in the past.
These are the 5 states with the highest and lowest student loan debt balances
The most populated states in the country tend to have the highest student loan balances, while the least populated tend to have the lowest balances.
Student loan borrowers struggle to keep up with monthly payments: study
Student loans have become a burden for many borrowers, post-pandemic. Sixty percent of federal loan borrowers who had payments due in October didn’t make payments until mid-November, according to the Department of Education.
Private student loan interest rates edge down for 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Millions of student loan borrowers still aren't paying their bills
Millions of student loan borrowers are still not making payments on their debt, according to a new report published by the U.S. Department of Education.
Biden forgives another $4.8 billion in federal student loan debt, but alternative relief plan hits a snag
The Biden administration has forgiven a total of $132 billion in federal student loans for more than 3.6 million Americans, and all of it has bypassed the need for congressional approval.
Private student loan interest rates plunge for 5-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Here's who may qualify for $10,000 in student debt relief under Biden's new forgiveness plan
The Biden administration has taken the next step toward its plan B for student loan forgiveness after the U.S. Supreme Court struck down its first debt forgiveness attempt.
Biden administration's push to forgive student loan debt is almost 'un-American': Kevin O'Leary
O'Leary Ventures Chairman Kevin O'Leary criticized the Biden administration's student debt relief initiative, claiming it's unfair to past and future cohorts.
Private student loan interest rates spike for 5-year loans only
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Here's how high interest rates can help build your savings
The Federal Reserve's efforts to lower inflation have pushed interest rates to an all-time high, which means consumers pay more to borrow but could be earning more on savings, a recent survey by Santander said.
Americans are worried about paying back their student loans
More student loan borrowers think they will have to file for bankruptcy in order to eliminate their debt after a three-year payment pause ended in October.
Student loan payments render the holidays unaffordable for many: survey
Student loan repayments will make the season unaffordable for many Gen Z and millennials this year, according to a recent Credit Karma survey.
Nearly a million student loan borrowers back in forbearance following servicer billing errors
The Department of Education has withheld millions of dollars of payment to student loan servicers over billing errors that triggered delinquencies for many students.
More student loan borrowers are filing for bankruptcy to offload debt
More Americans are discharging student loan debt in bankruptcy thanks to a rule change by the Biden administration last year that made the process easier.
Arizona-based Christian university announces plans to appeal federally-imposed $37.7M fine
Grand Canyon University President Brian Mueller announced the school plans to appeal a $37.7 million fine imposed by the Department of Education for allegedly misleading students.