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
Apr 29 Lawmakers debate future of loan relief for public workers By Collin Binkley, Associated Press The government promised public service workers their debt could be erased if they made payments for 10 years, but officials have largely failed to deliver. Continue reading
Apr 22 Warren unveils college debt forgiveness plan By Meg Kinnard, Associated Press The Massachusetts senator says the proposal would eliminate almost all student loan debt for 42 million Americans. Continue reading
Apr 12 Could more federal loans help students afford college? By Mikhail Zinshteyn, The Hechinger Report A growing chorus of experts is making the surprising argument that students need to be allowed to borrow more. With grants limited and college costs rising, loans can be a lifeline for students who have no other way to afford… Continue reading
Feb 14 Watch 5:53 News Wrap: Pence blasts European allies over Iran nuclear deal In our news wrap Thursday, Vice President Pence criticized European allies for staying in the Iran nuclear deal, saying they were intending to break U.S. sanctions against Iran. His remarks came at a conference discussing peace and stability in the… Continue watching