Student loan ruling may be windfall for US deficit reduction
By David Lawder WASHINGTON The U.S. Supreme Court's decision to strike down President Joe Biden's student debt relief
2023-06-30 22:51
Supreme Court blocks Biden's student loan forgiveness program
In a stinging defeat for President Joe Biden, the Supreme Court blocked the administration's student loan forgiveness plan Friday, rejecting a program aimed at delivering up to $20,000 of relief to millions of borrowers struggling with outstanding debt.
2023-06-30 22:48
Supreme Court could soon rule on Biden's student loan forgiveness program. Here's what borrowers need to know
Millions of borrowers may learn soon whether they could receive up to $20,000 in debt relief under President Joe Biden's student loan forgiveness program. The fate of the debt cancellation program lies with the Supreme Court, which is expected to rule in late June or early July.
2023-06-14 17:16
Student loan payments will be due starting in October, Department of Education clarifies
In October, tens of millions of borrowers will be required to pay their monthly federal student loan bills for the first time since March 2020, the Department of Education clarified Monday.
2023-06-13 02:57
Biden vetoes bill blocking student loan forgiveness program
President Joe Biden officially vetoed legislation Wednesday that would block his student loan forgiveness program, blasting lawmakers who supported the bill for what he called an "unprecedented attempt to deny critical relief to millions of their own constituents."
2023-06-08 07:55
Senate passes bill to block Biden's student loan forgiveness program
Both the Senate and the House have now passed a bill to block President Joe Biden's student loan forgiveness program, which promises to cancel up to $20,000 of debt for millions of borrowers but has been held up by courts.
2023-06-02 02:55
Debt ceiling deal would require student loan payments to resume in August
If passed into law, the bipartisan debt ceiling deal will dash any hope borrowers might have that the federal student loan payment pause would be extended for a ninth time.
2023-05-31 23:25
House to vote on blocking Biden's student loan forgiveness program
The Biden administration's one-time student loan forgiveness program is facing a fresh threat from House Republicans while it awaits a ruling from the Supreme Court about whether the proposal can take effect.
2023-05-24 19:22
Biden administration proposes new rule to prevent students from incurring crippling debt at for-profit colleges
The Biden administration proposed a new rule Wednesday meant to prevent students from taking on an unaffordable amount of student loan debt to attend for-profit colleges and certificate programs at nonprofit colleges.
2023-05-18 07:20
Student loan payment pause will end this year, education secretary confirms
The pause on federal student loan payments is still set to end later this year, Education Secretary Miguel Cardona confirmed this week.
2023-05-18 02:19
Biden to hammer Republican budget cuts which target his student loan forgiveness plans
When President Joe Biden speaks at a community college in New York on Wednesday, he's expected to hit Republicans hard for budget cuts they are demanding as part of their bill to raise the debt ceiling.
2023-05-10 19:26