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.
Private student loan interest rates soar for 5- and 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
This week's student loan loan interest rates fall for 10-year loans
The latest private student loan interest rates from the Credible marketplace, updated weekly.
Good news: Private student loan interest rates plunge
The latest private student loan interest rates from the Credible marketplace, updated weekly.
A quarter of student loan borrowers said they'd boycott repayment
25% of Americans said they’ll boycott student loan payments after the pause. But defaulting on student loans can be severe even with Biden’s student loan safety net programs.
Social Security payments could be cut over student loan default
Seniors who default on their student loans could see benefits garnished. But there are ways to save.
Student loan scammers arise as repayment begins
As student loan repayment begins after a federal pause, scammers are preying on borrowers seeking debt relief. But there are free and legitimate ways to lower your monthly payments or get student loan relief. Here's how.
Domino's giving $1M in free pizzas to customers facing student loan repayments
Domino's has added to their new "emergency pizza" program by offering $1 million in free pizzas to customers who are once again paying off their student loans.
Buy a home in these states to get student loan debt relief
Some states looking to attract new residents offer to pay off student loans in exchange for moving there. Several other states have student debt relief programs but require borrowers to have a degree in dentistry, medicine, nursing or law.
College tuition payment plans may put student at risk: CFPB
Tuition payment plans offered by nearly 450 institutions allow college students to break up their tuition into interest-free installments, but may be risky, the Consumer Financial Protection Bureau (CFPB) said in a recent report.