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Thousands of defrauded student-loan borrowers have waited 'three presidential administrations' for debt forgiveness, 16 lawmakers say
Elizabeth Warren was among Democrats urging Biden to "make good on its promise to defrauded borrowe…
Ayelet Sheffey
The uneven impact of the $1.7 trillion student debt crisis on Black Americans is 'entirely unsustainable,' Chuck Schumer and NAACP's Derrick Johnson say
The racial wealth divide will not subside "so long as student debt continues to grow at its current…
Ayelet Sheffey
Meet a teacher who just got $44,000 in student debt forgiven but is still fighting: 'This struggle isn't over until it's over for all 45 million Americans'
Lisa Ansell woke up on Nov. 11 with "a new lease on life" after her student-debt load turned to $0.…
Ayelet Sheffey
Ohio State wants to wipe out its student debt and just launched an $800 million program to do it within 10 years
Ohio State, one of the largest state schools, will offer all undergrads a mix of scholarships and g…
Ayelet Sheffey
A growing number of colleges are abolishing student loans to avoid making the $1.7 trillion debt crisis worse
More colleges are following Princeton and Amherst's lead by removing student loans from financial a…
Ayelet Sheffey
Biden's vow to fix the student-loan mess is about to get a big test as 2 companies shut down and leave millions of borrowers hanging. His Education Dept. 'needs to deliver on its promises,' an expert says.
"We need to actually fix the system before we turn payments back on," Seth Frotman of the Student B…
Ayelet Sheffey
Biden's student-loan forgiveness might not be doomed if the Supreme Court strikes it down — he could take another legal path
There might be another legal route for Biden's student-debt relief if lawsuits currently blocking t…
Ayelet Sheffey
Why a Harvard economist who opposed Biden's student debt forgiveness pledge as a 'crude and inequitable tool' changed her mind
"I once thought forgiveness to be an expensive Band-Aid, a distraction from fundamental reform," Su…
Jason Lalljee
Elizabeth Warren's proposal to cancel $50,000 in student debt would benefit low-income borrowers more, report finds
The Roosevelt Institute found loan forgiveness is actually regressive, despite a popular argument t…
Ayelet Sheffey
On student-debt cancellation, AOC slams the 'ridiculous assertion' it would benefit the rich: 'Do we really think that a billionaire's child is taking student loans?'
AOC and House progressives like Rep. Ayanna Pressley say borrowers will face "a disastrous financia…
Ayelet Sheffey
When it comes to canceling student debt, the Trump administration was the party of no. Biden is the party of 'conversations are continuing.'
Newly released documents found Biden has been holding on to a memo detailing whether he can broadly…
Ayelet Sheffey
Elizabeth Warren slams Rick Scott's 'shameless attempt' to pass a bill that would block Biden's student-loan forgiveness
After his bill was blocked, Rick Scott said student-debt cancellation would "pay for those who want…
Ayelet Sheffey
Biden's student-loan forgiveness is at risk. It may have helped stop a 'red tsunami' as Gen Z flocked to the polls to save their relief.
Student-loan forgiveness is stalled, but it didn't stop young people from turning out. Their role "…
Ayelet Sheffey
4 House Republicans oppose mass student-debt cancellation, saying it's unfair. They want a promise it won't happen.
The GOP letter wants a promise not to go beyond "what the law clearly allows" with student debt but…
Ayelet Sheffey
Biden wants to go big on the economy but go small on student-debt reform
President Joe Biden does not believe he can use his executive power to cancel $50,000 in student lo…
Ayelet Sheffey
AOC criticizes Biden's opposition to $50,000 in student loan forgiveness, saying his argument 'is looking shakier by the day'
"Entire generations of working class kids were encouraged to go into more debt under the guise of e…
John L. Dorman
Biden dismisses a Democratic plan to wipe out $50,000 in federal student-loan debt
President Joe Biden supports $10,000 in loan forgiveness, far less than Sens. Elizabeth Warren and …
Joseph Zeballos-Roig
Elizabeth Warren says Biden could use other tools to carry out student-loan forgiveness if the Supreme Court strikes it down, but 'now is not the time to talk about Plan B'
"If the Supreme Court applies the law as it is written, then that cancellation will go through," Se…
Ayelet Sheffey
Biden has been assessing the legality of canceling $50,000 in student debt for millions of Americans. After several months, there's still no word.
Biden asked both the Education and Justice Depts. to review his ability to cancel $50,000 in studen…
Ayelet Sheffey
Princeton will cover all tuition costs for most families making under $100,000 a year, after getting rid of student loans
Princeton was the first university to replace student loans with grants — and now 25% of its underg…