Nov 03 WATCH: Biden says nearly 26 million have applied for student loan forgiveness By Aamer Madhani, Associated Press President Joe Biden’s travel schedule before Tuesday’s midterm elections reveals his defensive stance in the campaign’s closing days: He’s spending the bulk of his time trying to hang on to seats that his party already holds. Continue reading
Oct 22 Watch 2:57 News Wrap: Student loan relief applications still open despite block In our news wrap Saturday, the White House is urging people to continue applying for student loan relief after a judge put Biden's plan on hold, residents of Kherson were ordered to evacuate ahead of an expected Ukrainian effort to… Continue watching
Sep 20 Why the Pell Grant wouldn't exist without the work of one woman By Nadra Nittle, The 19th When women and Black Americans rarely influenced federal policy, Lois Dickson Rice lobbied successfully for the creation of the Pell Grant. Continue reading
Sep 03 Watch 8:17 Answers to questions about Biden's student debt forgiveness plan By Ali Rogin, Andrew Corkery, Juliet Fuisz The total amount of student loan debt in the U.S. currently stands at $1.6 trillion — more than the debt from credit cards and car loans combined. Following President Biden's announcement on student loan forgiveness, many borrowers could soon see… Continue watching
Aug 30 Student debt relief limited for many by U.S. 'war on drugs' legacy By Aaron Morrison, Associated Press As part of the “war on drugs” — a consequential, anti-crime legislative agenda that Biden championed as a U.S. senator — an estimated hundreds of thousands of convicted drug offenders had their access to federal financial aid delayed or denied,… Continue reading
Jul 27 How the latest Federal Reserve rate hike affects your finances By Christopher Rugaber, Associated Press The Fed's latest hike, its fourth since March, will further magnify borrowing costs for homes, cars and credit cards, though many borrowers may not feel the impact immediately. 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 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
Apr 12 WATCH: How student loan debt disproportionately hurts Black borrowers By Casey Kuhn, Nicole Ellis, Hannah Grabenstein Americans, in total, owe nearly $1.75 billion in student loan debt, with more than 44 million people owing, according to a 2020 NAACP report. Continue reading