WASHINGTON — U.S. Senate Republicans on Wednesday night failed to garner enough votes to block a new Biden administration rule on an income-driven repayment plan for federal student loans. The ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...
Automatic discharges are now beginning for 804,000 federal student loan borrowers who qualify for a combined $39 billion in relief, the U.S. Department of Education announced Monday. The announcement ...
State Attorney General Rob Bonta announced charges Tuesday in a scam in which defendants allegedly promised to reduce or eliminate federal student loan debt but instead stole from victims. Prosecutors ...
President Biden announced that his administration would cancel up to $20,000 in student loan debt last year. However, that proposal has been held up in court after lawsuits were brought against it.
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To provide debt relief to more than 43 million Americans with federal student loans, the Biden administration launched a new income-driven repayment (IDR) option: the Saving on a Valuable ...
President Joe Biden announced the launch of the federal student debt relief application at a press conference Monday. The Department of Education opened the application last week in a preliminary ...
Federal student loans, which are backed by government funds if a borrower defaults, also carry less risk than credit cards and thus have lower interest rates. The average 15.78% credit card APR ...
(WASHINGTON) — The Biden administration has released the first draft of a debt relief policy targeted at the hardest-hit student loan borrowers, providing more clarity on what the next steps are in a ...
This month, millions of Californians will receive up to $70 in credit to pay their electricity bills. This subsidy is thanks to the California Climate Credit, which is part of the state’s ...
While President Joe Biden’s student loan debt forgiveness plan stalls in litigation due to claims of executive overreach, college students like me can’t afford to wait for relief. College is an ...