Aug 24 Watch 9:55 Biden cancels student debt for millions of Americans By Laura Barrón-López President Biden on Wednesday announced his long-awaited plan on student debt. Borrowers making less than $125,000 a year will be eligible for $10,000 in federal loan forgiveness. That goes up to $20,000 for those with the greatest need. Biden also… Continue watching
Aug 24 WATCH: President Biden announces $10,000 student debt forgiveness, payment pause By Seung Min Kim, Chris Megerian, Zeke Miller, Associated Press, Colin Brinkley, Associated press President Joe Biden has announced his long-awaited plan to deliver on his campaign promise to provide $10,000 in student debt cancellation for millions of Americans — and up to $10,000 more for those with the greatest financial need. Continue reading
Aug 16 Biden administration announces $3.9 billion in debt cancelation for former ITT Tech students By Collin Binkley, Associated Press Students who used federal loans to attend ITT Technical Institute as far back as 2005 will automatically get that debt canceled. Continue reading
Jun 01 Biden administration erases $5.8 billion in debt for students of fraudulent college By Collin Binkley, Associated Press The Biden administration says it will forgive all remaining federal student debt for former students of the for-profit Corinthian Colleges chain. Continue reading
May 20 Watch 9:10 Calls for Biden to cancel the widespread financial burden of student debt grow louder President Biden has indicated he will soon announce a decision on whether he will cancel $10,000 in student debt for college graduates. It’s a decision being widely anticipated but also much debated over its scope and merits. Katherine Welbeck of… Continue watching
May 08 Watch 4:12 As pressure builds, Biden makes plans to cancel some student loan debt Canceling at least $10,000 of student loan debt per person was a campaign pledge that helped President Biden get elected. Now, the Biden administration is planning to move ahead on this through executive action. While the proposal is not finalized,… Continue watching
Apr 30 Activists keep up pressure as Biden considers student debt move By Chris Megerian, Associated Press For student loan activists, the past week began with hope as Biden gave his clearest indication that he was considering canceling federal student debt rather than simply allowing borrowers to defer payments during the pandemic. Continue reading
Dec 22 Watch 7:23 What you need to know about the extended student loan payment pause, child tax credit By Stephanie Sy, Karina Cuevas American graduates and their families may be feeling relief Wednesday after the Biden administration extended a pause on student loan payments. Payments will not be required before May 1, and the extension will help around 41 million borrowers. Meanwhile, millions… Continue watching