Student Debt

It has long been nearly impossible for student loan borrowers to walk away from their debt in bankruptcy court. That’s now changing.

President Joe Biden’s second attempt at student loan cancellation is moving forward as a group of negotiators meets to debate what a new proposal might look like.

President Joe Biden announced student debt relief for an additional 125,000 Americans on Wednesday under the Higher Education Act, clearing $9 billion in student loans for select groups of borrowers.

President Joe Biden will announce another wave of federal student loan forgiveness on Wednesday, according to a White House official, as borrowers brace for payments to restart after a three-year pause that began during the COVID-19 pandemic.

Starting Sept. 1, student loans will continue accruing interest, and monthly bills will start up again in October.

Two conservative groups are asking a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.

The new income-driven repayment plan aims to be the most affordable option for federal student loan borrowers.

President Joe Biden announced $39 billion in student debt forgiveness for over 800,000 eligible borrowers. Here’s where most of them live.

President Joe Biden is offering an alternative student debt plan designed to ease borrowers’ threat of default if they fall behind on their payments.

After the Supreme Court struck down his student debt relief program on Friday, President Joe Biden announced a set of new initiatives. “We’re not going to waste any time on this,” he said.

News4’s Susan Hogan explains what to know if you have student loans you’ll need to make payments on soon.

Millions of Americans with student debt are awaiting a Supreme Court ruling on the legality of a Biden administration policy to forgive large amounts of loans.

The GOP proposal would provide “targeted” relief for borrowers as the Supreme Court weighs President Joe Biden’s student debt forgiveness plan.

It might seem tempting to ignore making payments, but the consequences can be severe, including a hit to your credit score and exclusion from future aid and benefits.

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 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.