May 02 WATCH: White House press secretary Jen Psaki holds news briefing By News Desk and Associated Press White House press secretary Jen Psaki held a news briefing on Monday as President Joe Biden continues to consider student loan forgiveness and activists turn up the pressure for my debt relief. Continue reading
Apr 30 Watch 2:55 News Wrap: Biden weighs canceling at least $10,000 in student loans per borrower In our news wrap Saturday, the Biden administration is considering canceling at least $10,000 in student loans per borrower through executive action, a 22-year-old Marine Corps veteran who joined the war in Ukraine was killed in fighting there, China's capital… 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
Apr 28 WATCH: Biden says he’s taking a ‘hard look’ at student loan forgiveness By Chris Megerian, Associated Press President Joe Biden said he is considering forgiving some federal student debt, a step that would help him fulfill a campaign promise and provide relief to borrowers who took out thousands of dollars in loans to finance their higher education. Continue reading
Apr 11 Student loan debt has a lasting effect on Black borrowers, despite the latest freeze in payments By Hannah Grabenstein, Saher Khan Without permanent relief, many Americans are stuck with thousands of dollars of debt, hindering their abilities to plan for the future and invest in assets that would help grow intergenerational wealth. 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
Aug 06 Pause on student loan payments extended through January By Collin Binkley, Associated Press The Biden administration has announced that federal student loan payments will remain suspended through January 2022, extending a pause that was scheduled to expire next month. Continue reading
Aug 03 WATCH: Experts testify before Senate on student loan bankruptcy reform By News Desk The Senate Judiciary Committee held a hearing Tuesday on student loan bankruptcy reform as the federal government prepares to end its pause on payments this fall. Continue reading
Mar 18 Students who got partial loan relief to see full discharge By Carole Feldman, Associated Press The Education Department says the change could lead to $1 billion in loans being canceled for 72,000 borrowers, all of whom attended for-profit schools. Continue reading
Feb 04 WATCH: Dems push Biden to cancel $50,000 in student loan debt By Associated Press Sen. Elizabeth Warren says data shows that canceling federal student debt would result in higher incomes, more jobs, greater homeownership rates and more small business formation. Continue reading