Student Loans – Page 23

As Student Loans Come Due Again, Many Borrowers Lose a Lifeline

The payment pause freed up money that gave people breathing room — or allowed them to help family members in need. They will soon have to budget for that expense.

By Jacqui Germain

Biden, Joseph R Jr Colleges and Universities Education Department (US) Federal Budget (US) Penn Wharton Budget Model Personal Finances Student Loans United States Politics and Government

Biden’s New Student Debt Repayment Plan Could Cost $475 Billion

The report estimates that the plan will slash borrowers’ payments and cost more than President Biden’s recently rejected debt cancellation plan.

By Stacy Cowley

Education Department (NYC) Personal Finances Student Loans

Biden Cancels $39 Billion in Student Loans for 800,000 Borrowers

One-time credits will wipe out loans, fixing mistakes made by loan servicers when collecting payments under income-driven repayment programs.

By Stacy Cowley

Biden, Joseph R Jr Education Department (US) Herrine, Luke Personal Finances Student Loans Supreme Court (US) United States Politics and Government

How Biden Might Try to Cancel Student Debt Again

The administration proposed to use its “compromise and settlement” powers under the Higher Education Act of 1965. But what does that mean?

By Ron Lieber