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Biden administration cancels $7.7 billion in student loan debt for 160,000 borrowersOn Wednesday, the Biden administration announced the cancellation of an additional $7.7 billion in student loans for 160,000 Americans, continuing its efforts to alleviate the rising college debt ...
Of the nearly 43 million people who have student loan debt, only a little more than a third have made regular payments, ...
11don MSNOpinion
Former President Joe Biden made promises about forgiving student loans that he knew he couldn't keep. Now, borrowers are ...
The Education Department announced Monday student loan collections will restart in May for loans in default, a move that ...
As with many other things, Black student loan debt carriers are overrepresented relative to their share of the population ...
The most drastic change is not just to collection enforcement, but to the entire structure of the federal student loan system ...
The administration is invoking rules that allow the government to shut off the federal student-loan spigot for specific ...
It also blamed the Biden administration for keeping borrowers in a "confusing limbo." For Biden, canceling student loans was a campaign promise and one of the most aggressive policies he pursued ...
KEY TAKEAWAYS During President Donald Trump's administration's first 100 days, it has moved forward with its goal to eliminate the Department of Education (DOE) and said student loan responsibilities ...
Last month, the Department of Education announced it will resume collecting on defaulted student loans. It hadn’t done so ...
The Biden administration, on the other hand, was marked by a significant—and ultimately failed—effort to reshape federal student loan policy. The most well-known plan in this effort was Biden ...
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