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2 mins read

Student-loan borrowers can likely count on more debt cancellation if Kamala Harris wins the presidency

Kamala Harris has backed several key student-loan forgiveness efforts during her career.

Ayelet Sheffey   


Business Insider Latest Story Image
2 mins read

More student-loan borrowers are getting debt cancellation through bankruptcy 2 years after Biden streamlined the process

The Justice Department announced that 98% of student-loan borrowers who requested bankruptcy relief…

Ayelet Sheffey   


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2 mins read

Some student-loan borrowers might get debt cancellation now that a major forgiveness program is back

The Public Service Loan Forgiveness program was paused in May as borrowers were transitioned away f…

Ayelet Sheffey   


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2 mins read

A major student-loan company is being sued over claims it mismanaged 8 million borrowers' accounts, blocking them from lower payments and debt relief

The American Federation of Teachers filed a lawsuit against student-loan company MOHELA over claims…

Ayelet Sheffey   


Business Insider Latest Story Image
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   


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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   


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2 mins read

Ayelet Sheffey   


Business Insider Latest Story Image
4 mins read

Meet the Gen Xers and boomers retiring with 6 figures of student debt that threatens their Social Security and savings

Some Gen X and boomer student-loan borrowers are staring down a retirement crisis where their savin…

Ayelet Sheffey,Juliana Kaplan   


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3 mins read

A Gen Xer got $112,000 in student loans forgiven after paying off a 'worthless degree' for over a decade. Now she can enter retirement debt-free.

Sheila Reed, 57, graduated from a school the Education Department later found fraudulent. She was "…

Ayelet Sheffey   


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2 mins read

Student-loan companies put up 'excessive barriers' and gave borrowers inaccurate information about debt relief, a federal consumer watchdog says

A new report from the CFPB found that student-loan companies engaged in "unfair and abusive acts" w…

Ayelet Sheffey   


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5 mins read

A Texas Gen Xer who went to college in his 40s says it didn't help him find a job and saddled him with over $100k in student debt

A Texas-based truck driver went to college in his 40s to change careers. He said his degree hasn't …

Jacob Zinkula   


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2 mins read

Biden's Education Department is considering avenues to make 450,000 more workers eligible for a key student-debt cancellation program

The Education Department issued a request for information on expanding Public Service Loan Forgiven…

Ayelet Sheffey   


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2 mins read

Ayelet Sheffey   


Business Insider Latest Story Image
2 mins read

Some student-loan borrowers have one week left to benefit from a temporary measure that'll bring them closer to debt cancellation

Student-loan borrowers on income-driven repayment plans and PSLF have until June 30 to consolidate …

Ayelet Sheffey   


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2 mins read

Some student-loan borrowers with private debt have a chance to get their balances wiped out — but they have to ask for it

Student-loan company Navient has a process for borrowers with private debt to apply for relief if t…

Ayelet Sheffey   


Ayelet Sheffey   


Business Insider Latest Story Image
4 mins read

Ayelet Sheffey   


Business Insider Latest Story Image
3 mins read

A second Trump term would be 'chaos' for student loan borrowers

Trump has intensified his verbal attacks on student loan forgiveness and a recent Supreme Court rul…

Katherine Tangalakis-Lippert   


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2 mins read

Biden's second attempt at broader student-loan forgiveness could now happen in October

The Education Department plans to finalize its next student-loan forgiveness plan in October. Borro…

Ayelet Sheffey   


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2 mins read

160,500 more student-loan borrowers are getting $7.7 billion in 'much needed' debt cancellation

The latest student-loan forgiveness announcement means that more than one out of every 10 federal b…

Ayelet Sheffey