A story of student loan forgiveness, 20 years in the making More than 900,000 federal student loan borrowers are seeing their loans erased after being in repayment for two decades or more. WEKU · Dec 20, 2023
Student Loan Debt: Another $4.8B Forgiven Biden announces $4.8 billion in student loan debt relief for more than 80,000 borrowers. Kiplinger · Dec 8, 2023
Are you stressed about student loan payments starting back up? No matter your status, there are steps to take to keep payments affordable. Fortune · Sep 29, 2023
You can now sign up for Biden's new income-driven student loan repayment plan Borrowers who sign up could see their payments cut to as little as $0 per month. Fortune · Jul 31, 2023
Biden Forgives Almost $40 Billion in Student Loans The spate of forgiveness reconciles administrative errors when carrying out changes to income-driven repayment plans. Reason · Jul 14, 2023
Commentary: Taxpayers breathe sigh of relief — temporarily — after student loan decision The Supreme Court has just saved American taxpayers more than half a trillion dollars by holding that President Joe Biden and Secretary of Education Miguel Cardona cannot cancel federal student loans under the Higher Education Relief Opportunities for Students Act of 2003, the “HEROES Act.” Tribune News Service · Jul 4, 2023
Despite SCOTUS Smackdown, Biden Will Still Extract Billions From Taxpayers for Student Loans Biden's proposed income-driven repayment plan could still cost taxpayers billions. And it will likely raise tuition too. Reason · Jul 3, 2023
Supreme Court blocks Biden's student loan forgiveness plan The $10,000 to $20,000 debt cancelation plan has been controversial since it was announced last August. Fortune · Jun 30, 2023
Much of the $1.8 trillion in student debt won't ever be repaid, nonpartisan research organization says Student loan debt is “impairing economic well-being for a widening and diversifying swath of the population.” Fortune · Jun 27, 2023
North Yorkshire's IDR Law secures £3.25m BGF investment to mount expansion plan The specialist firm is now looking to expand into the Midlands, the North East and London Birmingham Post · Jun 6, 2023
Biden's Newest Student Loan Proposal Would Allow Some Borrowers To Pay Back Only a Fraction of What They Owe New changes to income-driven repayment plans announced Tuesday would essentially turn student loans into government grants. Reason · Jan 10, 2023
Editorial: Biden’s student loan reforms are a looming disaster Amid the stir caused by President Joe Biden’s plan to cancel student loan debts, far too little attention has been paid to another far-reaching reform: the administration’s change to a lending program known as income-driven repayment (or IDR). If widely applied, Biden’s proposal would provide additional relief to millions of… Tribune News Service · Sep 29, 2022
If the Pandemic Is Over—And It Is—Then Biden's Emergency Powers Should End Too But Biden can't forgive billions of dollars in student loans if the COVID-19 national emergency is over. Reason · Sep 20, 2022
Biden's Income-Driven Repayment Plan Will Make College Much More Expensive The administration is creating a system where everyone involved in higher education has an incentive to fleece the American people. Reason · Aug 30, 2022
WEKU · Jul 29, 2022 The U.S. government underestimated the cost of the student loan program by billions The Education Department originally thought the student loan program would make money — instead, it's losing it. That's according to a new report from the U.S. Government Accountability Office.