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
Oct 04 After a day of legal whiplash, Biden's student loan cancellation plan is put back on hold By Collin Binkley, Associated Press A federal judge in Missouri put a temporary hold on President Joe Biden's latest student loan cancellation plan on Thursday, slamming the door on hope it would move forward after another judge allowed a pause to expire. Continue reading
Oct 01 What you need to know about the grace period for student loan payments that just ended By Adriana Morga, Associated Press The 12-month grace period for student loan borrowers ended on Sept. 30. Continue reading
Aug 28 Supreme Court rejects Biden administration request to restore newest student debt plan By Associated Press The Supreme Court on Wednesday kept on hold the latest multibillion-dollar plan from the Biden administration that would have lowered payments for millions of borrowers, while lawsuits make their way through lower courts. Continue reading
Jun 25 Watch 6:24 Federal judges block Biden's latest attempt to reduce student debt By William Brangham, Courtney Norris Decisions by two federal judges put key parts of President Biden’s plans for easing student loan payments on hold and in doubt. The program offers a way to lower monthly payments and get some debt forgiveness. More than 8 million… Continue watching
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
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