May 01 Former students of the for-profit Art Institutes are approved for $6 billion in loan cancellation By Collin Binkley, Associated Press The Biden administration says it'll cancel $6 billion in student loans for people who attended the Art Institutes, a system of for-profit colleges that closed the last of its campuses in 2023 amid accusations of fraud. Continue reading
Apr 12 Biden administration announces new round of loan cancellation for 260,000 borrowers By Collin Binkley, Associated Press The Education Department announced the latest round of cancellations on Friday. Continue reading
Apr 08 Watch 7:34 Biden announces new plan to forgive student loan debt for millions By Lisa Desjardins, Courtney Norris, Shrai Popat President Biden on Monday announced new plans to cancel student debt for millions of borrowers, his broadest student loan forgiveness attempt since the U.S. Supreme Court struck down his more sweeping plan over a year ago. Danielle Douglas-Gabriel, who covers… Continue watching
Feb 19 Students applying for college facing uncertainty as revised FAFSA delayed By Adriana Morga, Associated Press For many students, the excitement of being accepted into their first-choice college is being tempered this year by a troublesome uncertainty over whether they'll get the financial aid they need to attend. Continue reading
Feb 18 Why students applying for college financial aid are facing new technical hurdles By Nadra Nittle, The 19th Marginalized students may have the most to lose as the Education Department’s rollout of the new Free Application for Federal Student Aid (FAFSA) has hit several bumps. Continue reading
Feb 08 Employers can now match student loan payments as 401(k) contributions. Here’s what that means By Darreonna Davis, The 19th Experts say the contribution option could help many Americans, especially Black women, build a more stable financial future. Continue reading
Oct 30 Biden administration moves toward a narrower student loan relief targeting groups of borrowers By Collin Binkley, Seung Min Kim, Associated Press The Biden administration is moving toward a narrower student loan relief plan that would target specific groups of borrowers rather than a sweeping plan like the one the Supreme Court rejected by the Supreme Court. Continue reading
Oct 10 Biden’s student loan cancellation plan advances with debate over details By Collin Binkley, Associated Press The latest attempt will rest on a sweeping law known as the Higher Education Act, which gives the education secretary authority to waive student loans — although how far that power extends is the subject of legal debate. Continue reading
Oct 04 WATCH: Biden announces new student loan forgiveness for 125,000 as payments resume By Chris Megerian, Associated Press Biden has been under pressure to fulfill his promises on student debt relief even though his original plan was overturned by the conservative majority on the Supreme Court. Continue reading
Sep 05 Payments for student loans are starting again. Here’s what you need to know By Casey Kuhn, Nicole Ellis Student debt holders may now struggle to fit that payment back into their budgets for a variety of reasons like the 2023 economy and changing living situations, according to Betsy Mayotte, president and founder of the Institute of Student Loan… Continue reading