Education Mar 12 Biden's SAVE plan for student loans is officially dead. Here's what experts suggest now By Hannah Grabenstein
Nation Feb 26 If you have federal student loan debt, here's what experts want you to know Eventually, the changes will streamline the system and reduce the number of repayment options, but right now, trying to understand what’s happening is a little like staring into a bowl of alphabet soup (except that soup is made of money). By Hannah Grabenstein
Nation Feb 04 Major changes to student loan borrowing and repayment are coming. Here's what to know “If you don’t understand it, that’s not your fault. It’s just phenomenally complicated,” says Winston Berkman-Breen, legal director at Protect Borrowers. By Hannah Grabenstein
Education Jan 16 Wages won't be garnished for student loan borrowers in default, Trump administration says in policy reversal It’s not clear whether the department collected any wages since Jan. 7, the day the administration originally said it would begin garnishing… By Hannah Grabenstein
Education Dec 23 Trump administration says it will begin garnishing wages of student loan borrowers in default Millions of borrowers are considered in default, meaning they are 270 days past due on their payments. By Annie Ma, Associated Press
May 15 Older Americans at risk as government restarts Social Security garnishment on student loan debt By Matt Sedensky, Associated Press As the Trump administration resumes collections on defaulted student loans, hundreds of thousands of older Americans with decades-old debts are now at risk of having their Social Security checks garnished. Continue reading
Nov 08 Borrowers grapple with what Trump's win means for their student loan debt By Cheyanne Mumphrey, Associated Press The economy was an important issue in the election, helping to propel Donald Trump to victory. But for borrowers, concerns about their finances extend beyond inflation to include their student debt. Continue reading
May 22 Biden administration canceling student loans for 160,000 borrowers, says it will erase $7.7 billion in debt By Collin Binkley, Associated Press With the latest action, the administration said it has canceled $167 billion for nearly 5 million Americans through several forgiveness programs. Continue reading
Feb 28 $1 billion donation eliminates tuition at New York medical school, changing students' lives By Michael Casey, Associated Press School officials said the donation should last for perpetuity, since interest earned means the lump sum will continue to grow. All students will qualify for the free tuition. Continue reading
Feb 21 WATCH: Biden speaks in California as he announces student loan relief for over 150,000 people By Aamer Madhani, Collin Binkley, Associated Press The announcement Wednesday during a three-day campaign swing through California is part of a new repayment plan that offers a faster path to forgiveness. Continue reading