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
Jan 13 Watch 5:47 News Wrap: Syrian secret police officer sentenced to life in prison for war crimes In our news wrap Thursday, a court in Germany convicted a former Syrian secret police officer for crimes against humanity and sentenced him to life in prison over the torture of more than 4,000 detainees, the top House Republican defended… Continue watching
Dec 22 Biden extends student loan moratorium to May 1 By Colleen Long, Associated Press The Biden administration is extending a student loan moratorium that has allowed millions of Americans to put off debt payments during the pandemic. Continue reading
May 29 Trump vetoes bipartisan measure against DeVos’ loan rules By Collin Binkley, Associated Press President Donald Trump has vetoed a measure that would have overturned a policy that Education Secretary Betsy DeVos issued in 2019 making it harder for students to get their loans erased after being misled by their colleges. Continue reading
May 01 Lawsuit says DeVos not enforcing pause on wage garnishments By Collin Binkley, Associated Press A new lawsuit accuses the U.S. Education Department of garnishing wages from workers who are behind on student loan payments even after Congress ordered the agency to suspend the practice during the coronavirus pandemic. Continue reading
Nov 08 Facing lawsuit, DeVos erases student loans for 1,500 By Collin Binkley, Associated Press Education Secretary Betsy DeVos on Friday said she will forgive certain student loans for more than 1,500 borrowers who attended a pair of for-profit colleges that shut down last year. Continue reading
Aug 16 Trump appoints student loan industry executive to be top loan watchdog By Ken Sweet, Associated Press It's a job designed to protect student loan borrowers from poor practices in the student loan industry and one of the few positions explicitly named in the Dodd-Frank Act, the law passed after the 2008 financial crisis that created the… Continue reading
May 07 Watch 7:34 For these states and cities, funding college is money in the bank By Hari Sreenivasan A majority of American college graduates leave school with tens of thousands of dollars in student loans. The issue of paying for college is so concerning that several 2020 presidential candidates have proposed forgiving student debt or making public colleges… Continue watching