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4 mins read
A millennial dad's $0 student-loan payments gave his family some breathing room. Then courts blocked Biden's repayment plan leaving 8 million borrowers like him in limbo.
Alan Pedrick, 41, is worried he'll have to cut back on his kids' after-school programs if the SAVE …
Ayelet Sheffey
2 mins read
8 million student-loan borrowers on Biden's new repayment plan don't have to make payments after a federal court blocked the program in full
A court blocked the SAVE student-loan repayment plan. All 8 million impacted borrowers will be plac…
Ayelet Sheffey
2 mins read
35,000 student-loan borrowers in public service are getting $1.2 billion in debt wiped out after fixes to a key relief program
The Education Department approved another batch of student-loan borrowers for debt relief through t…
Ayelet Sheffey
4 mins read
Student-loan borrowers are entering a new 'Wild West' where any form of debt relief is much less certain
The Supreme Court struck down the Chevron doctrine, inviting uncertainty over the fate of federal r…
Ayelet Sheffey
3 mins read
Student-loan borrowers on Biden's new repayment plan get a win after a federal court rules that cheaper monthly payments can go into effect
Cheaper monthly student-loan payments are allowed to resume after federal courts blocked parts of t…
Ayelet Sheffey
4 mins read
Student-loan borrowers who were set to get debt cancellation or lower payments through Biden's new repayment plan won't get it for now. Here's what you need to know.
Two separate court rulings blocked parts of the SAVE plan, including student-debt relief and cheape…
Ayelet Sheffey
2 mins read
Key student-debt relief programs are at risk if Congress doesn't boost Education Department funding, 25 Democratic lawmakers say
Following a botched FAFSA rollout and rocky return to student-loan repayment, Elizabeth Warren is c…
Ayelet Sheffey
2 mins read
Biden's new plan for student-loan forgiveness is entering its next key stage — and millions of borrowers will have a say on what the relief looks like
Biden's administration released its first set of draft rules for its new student-loan forgiveness p…
Ayelet Sheffey
2 mins read
25 million student-loan borrowers could get up to $20,000 in debt wiped out under Biden's new debt relief plan
Biden unveiled details of his new student-loan forgiveness plan, which would get rid of any unpaid …
Ayelet Sheffey
3 mins read
Biden's Education Department just released a plan to prevent for-profit colleges from 'exploiting' veterans and loading them up with student debt
These proposals build on ones Biden already put forth to reform the student-loan industry, like pre…
Ayelet Sheffey
4 mins read
The student-loan crisis is facing a shake-up — and lawmakers are worried Biden's Education Department isn't ready to handle it
Both Democratic and Republican lawmakers have expressed concerns with Biden's ability to implement …
Ayelet Sheffey
2 mins read
Student-loan borrowers can now submit comments to Biden's Education Department on its plans to improve debt relief
If you have a thought on Biden's proposals to improve student-loan forgiveness programs, you have 3…
Ayelet Sheffey
4 mins read
A dad explains why the college financial aid process has him worried he'll be 'scrambling to try to find money at the last minute' for his 2 daughters
On top of the confusing and delayed FAFSA process this year, Antonio Scordo is also dealing with pa…
Ayelet Sheffey
3 mins read
4 student-loan forgiveness programs might become easier to qualify for. Here's what you need to know.
Biden's Education Department released proposals to improve major student-loan forgiveness programs,…
Ayelet Sheffey
3 mins read
Biden's Education Department just proposed a student-loan forgiveness revamp so borrowers 'don't have to jump through hoops' for debt relief
From preventing surges in student loan interest to making targeted relief easier to gain, a range o…
Ayelet Sheffey
2 mins read
Thousands of student-loan borrowers got their debt wiped through a new repayment reform. 11 GOP states just filed a lawsuit to block that relief.
A group of GOP attorneys general filed a lawsuit to block Biden's SAVE income-driven repayment plan…
Ayelet Sheffey
2 mins read
Student-loan payments resume in 2 months as Biden nears a decision on federal debt cancellation
Advocates are pushing Biden to cancel student debt and extend the payment pause, as the GOP slams h…
Ayelet Sheffey
2 mins read
200,000 student-loan borrowers are getting their debt wiped out through a settlement with Biden's Education Department
The lawsuit was first brought against former Education Secretary Betsy DeVos over thousands of clai…
Ayelet Sheffey
2 mins read
Biden confirms he's nearing a decision on student-loan forgiveness and says a payment-pause extension is 'on the table'
Millions of student-loan borrowers are awaiting news of debt cancellation — an announcement l…
Ayelet Sheffey
3 mins read
The majority of Republicans under 50 want Biden to cancel student debt for all borrowers, a new report finds — and so do most Americans
Older Republican voters are the only exception to broad student-loan forgiveness support, per a Stu…