Student Loan Forgiveness
The latest news on student loan forgiveness. With the rising costs of higher education, more and more students are turning to loans to finance their education. A significant political issue for Democrats, President Biden put forth the Student Loan Forgiveness plan to eliminate a significant portion of student loan debt, a move that was immediately challenged by opponents and Republicans.
Student loan forgiveness: White House responds to outraged GOP senators
The new forgiveness plan targets income-driven repayment plans and automatically cancels all debt for people that have been making payments for over 20 years.
My student loan costs me $700 a month. I need forgiveness
My income to debt ratio is so high because of my student loans, it weighs my credit down.
Biden student loan cancellation plan flooded with same message
More than 13,300 comments have been addressed to Education Secretary Miguel Cardona, all calling for the same thing.
Biden's fight for student loan cancellation gets a boost
Biden has recently promoted income-driven repayment (IDR) plans, such as the SAVE plan and the Revised Pay As You Earn Repayment (REPAYE) Plan.
Student loan forgiveness scammers making thousands with trick phone calls
A consumer advice bureau is warning of a rise in student debt forgiveness schemes following the Supreme Court's ruling on the subject.
Student loan cancellation gives Biden "anger fuel" for campaign
The president's new plans for student loan relief could hand him a "win-win" for 2024, political experts say.
Biden's student loan cancellation gets a new challenger
GOP Representative Ralph Norman said he would support efforts in the House to block the president's continuing effort to forgive student debt.
Joe Biden's new student loan forgiveness possible thanks to George Bush
The Income-Driven Repayment (IDR) plan allows for remaining student debt balances to be cancelled after 20 or 25 years of payments.
What is IDR student loan forgiveness? Cancellation option explained
Several repayment plans allow for the cancellation of debt after a certain number of years.
Student loan forgiveness update: How to know if you qualify for new plan
"This Administration will not stop fighting to level the playing field in higher education," Education Secretary Miguel Cardona said.
Student loan forgiveness victory as Biden cancels debt for 800K borrowers
The Biden administration will automatically forgive $39 billion in student debt for 804,000 borrowers.
Student loan forgiveness update: How to get debt canceled under new plan
The announcement of the new SAVE plan comes shortly after the U.S. Supreme Court struck down Biden's student debt cancellation program.
I left law school with $100,000 debt. My student loan has been forgiven
Now, I can focus those funds on supporting the things my children need.
Student loan forgiveness boost as Joe Biden backed to pursue other options
Biden vowed to push ahead with a new plan to provide student debt relief for millions of borrowers after the Supreme Court struck down his original effort.
Student loan cancellation update: Biden eyes forgiveness for some Americans
The president announced ways his administration is pursuing debt relief "as fast as we can" after the Supreme Court overruled Biden's student loan relief plan.
Can student loan borrowers use bankruptcy to get rid of debt?
Bankruptcy filings for student loan debt is an option, but more like a "Plan Z" strategy, according to one lending expert who spoke with Newsweek.
"Crippled with debt": Students start GoFundMes to pay for loans
About 43 million Americans have federal student loan debt that collectively totals $1.757 trillion, according to the Department of Education.
Democrats pressure Biden to cancel student loans after Supreme Court ruling
"The Biden administration has remaining legal routes to provide broad-based student debt cancellation," Senate Majority Leader Chuck Schumer said.
Three Cheers for SCOTUS for Killing Biden's Student Loan Power Grab
It's telling that the Biden administration's best hope of winning in court was never actually a defense of their plan on its merits at all.
Students face financial armageddon as millions risk default on loans
Once someone goes into default over their student debt, it could impact on their credit score and lead to payments being deducted from paychecks.
John Roberts' own words used against him in student loan dissent
The Supreme Court struck down widespread student loan relief that would have affected tens of millions of American loan borrowers.
Supreme Court uses Nancy Pelosi words to overturn student loan cancellation
The Court's six conservative justices quoted Pelosi in their majority opinion that effectively shut down the student debt relief program.
How to still get student loan forgiveness despite Supreme Court ruling
Borrowers can seek relief with their loans under the Biden administration's income-driven repayment plans and a program for public sector employees.
What Supreme Court's student loan decision means for payment pause
The White House has said that President Joe Biden's student loan forgiveness plan would help up to 43 million borrowers.
Ex-students rage at Supreme Court striking down forgiveness: "Atrocious"
"It doesn't make sense," said one student, while another warned it would "erode Americans' faith" in the Supreme Court.
Student loan cancellation update: States with best forgiveness plans
Last year, there were 129 state-level student debt cancellation plans in 49 states and the District of Columbia. Here are the best and worst.
Republicans raise alarms about student loan repayments
A GOP senator and representative warn that the resumption of loan payments will lead to economic fallout and that federal officials are "ill prepared."
Student loan forgiveness update as millions prepare for worst-case scenario
The Supreme Court could release its decision on President Joe Biden's debt forgiveness plan on Thursday, June 29.
Joe Biden's student loan forgiveness defeat could cost him re-election
A ruling against Biden could "depress" his support in 2024, according to a leading political scientist.
Can Joe Biden cancel student loans if Supreme Court strikes down plan?
Some activists have continued pushing for the use of a 1965 law that they believe gives the federal government strong authority over student loans.
