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Stories Tagged as

Student loan

Student loan borrowers are in limbo while legal challenges wend through courts

by Samantha Fields
Sep 5, 2024
An appeals court has temporarily blocked a Biden plan that would reduce monthly payments for many to just 5% of their income.
The Biden administration rolled out the SAVE plan last year. The loans of 8 million borrowers were paused when an appeals court suspended the program in July.
Andrew Caballero-Reynolds/AFP via Getty Images
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As student loan payments restart, borrowers feel the pinch. The economy might too.

by Henry Epp
Oct 2, 2023
Obligations resuming after three years could be a rude awakening for some. But by itself, it's not likely to start a recession, experts say.
The return of student loan obligations probably won’t tip us into a recession, but millions of Americans will feel the financial pinch, said Shannon Seery of Wells Fargo.
Brandon Bell/Getty Images
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Federal student aid office has a big to-do list in 2023, but the same budget

by Stephanie Hughes
Dec 29, 2022
The office will have to manage student loan forgiveness — if that clears Supreme Court challenges — and the resumption of loan payments after a pandemic pause.
The Supreme Court will hear challenges to the administration's student debt forgiveness policy in February.
Paul Morigi/Getty Images for We the 45m
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Student loan debt is changing - what's your experience?

by Marketplace Weekend Staff
Feb 23, 2018
Students with large loan balances aren't defaulting, but they're not reducing their debt either.
About 60 percent of those who went to college had to take out student loans to pay for it. 
Dan Kitwood/Getty Images
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Ten states are eyeing debt-free college

by Tony Wagner
Dec 7, 2015
The push mirrors national proposals by democratic presidential contenders.
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Corinthian students get a break on their student loans

by Tracey Samuelson
Jun 9, 2015
The Department of Education will forgive the federal loans many students who attended.
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If students default, should colleges pay up?

by Nova Safo
May 20, 2015
A Senate committee is considering changes to college loan default rules.
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Colleges Put Students To Work

by Tim Fitzsimons
Feb 18, 2015
A Texas College that is revamping itself to be staffed by students.
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Cutting interest rates on student debt

by Tracey Samuelson
Nov 21, 2014
Wells Fargo has launched a loan modification program for student loan customers.
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Waitlisted for college? Here's why

by Sam Harnett
Apr 24, 2014
Colleges are growing their wait lists and using them in some surprising ways.
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