Student Debt

A settlement that will allow thousands of student loan debts to be canceled will go into effect after the Supreme Court on Thursday declined to block it.

After being suspended three years, federal student loan payments are expected to resume soon. But the government has options to keep the bills on pause.

The rally comes as the high court’s justices hear challenges to President Biden’s student loan forgiveness plan.

Six Republican-led states are suing the Biden administration to try and halt its plan to forgive student loan debt for millions of Americans.

Millions of Americans will soon be able to apply for up to $20,000 in student loan debt relief, and the Biden administration is revealing new information about how many people are expected to be eligible.

Millions of federal student loan borrowers could be left out of debt forgiveness because of their loan type. The government is trying to avoid that outcome.

A study from the Federal Reserve shows that almost one-third of Black families carry student loan debt. The study also shows that almost one-fifth of Hispanic families also carry student loan debt. Andre Perry, a Senior Fellow at the Brookings Institution joins LX News to discuss how the student debt crisis affects the racial wealth gap in America.

The Biden administration on Wednesday announced a student loan debt relief plan that included several things such as up to $20,000 in debt relief for millions of American borrowers. Have more questions about student loans and Biden’s decision? Insider Senior Economic Policy Reporter Ayelet Sheffey joins LX News to discuss.

Americans owe more than $1.74 trillion in student loans, according to an estimate from the Federal Reserve.

The Biden administration announced up to $20,000 in student debt forgiveness for people with Pell Grants, and $10,000 for those without Pell Grants. While it’s not full forgiveness that many activists have demanded, “it’s a big deal,” says Sabrina Calazans, director of outreach at the Student Debt Crisis Center. She joins LX News to discuss how this plan will...

The Department of Education is giving 7.5 million borrowers who have fallen behind on their student loans a chance to get into current standing.

With student loan payments scheduled to resume in September, the Biden Administration has not yet made a decision about debt forgiveness or another postponement of the payment freeze. Cody Hounanian, executive director at the Student Debt Crisis Center, explains why he is optimistic that student debt cancelation will happen.

The government relaxed the complex rules to apply to the program last fall. Here’s what you need to know if you want to erase your student loans

Plans to forgive $10,000 of student debt will not cover all of what borrowers still owe. But the pause has been helpful for a very small percentage who are continuing to pay their loans through the pause — with those payments going fully toward the principal. CNBC’s Sharon Epperson explains.

The Biden administration says it will forgive all remaining federal student debt for former students of the for-profit Corinthian Colleges chain.

Over the last week, the Biden administration has dropped more hints that its decision on debt forgiveness could come before the midterms.

A new federal report finds that record-keeping failures by the Education Department may have left thousands of Americans stuck with student debt that should have been forgiven.

For the sixth time now, the U.S. Department of Education has extended the payment pause on federal student loans.

Americans are drowning in student loans. But luckily there are some lifeboats out there. You just need to know where to find them… and where the paddles are. Here are three practical suggestions (and one not-so-practical suggestion) to get rid of your student loan debt.

The Biden administration is extending a student loan moratorium that has allowed millions of Americans to put off debt payments during the pandemic