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Stories Tagged as

Student loans

More than 800,000 people are getting student loans forgiven

by Samantha Fields
Sep 5, 2023
It's part of a one-time fix by the Biden administration to the income-driven repayment program for federal student loans.
Last spring, the Biden administration announced a one-time fix to rectify what the education secretary called “years of administrative failures” with the income-driven repayment program.
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Pay off student loans, or save for retirement? Both.

by David Brancaccio , Erika Soderstrom and Alex Schroeder
Jul 28, 2023
A new law set to go into effect next year would allow you to double your money when you pay student loans.
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Are Americans ready to start paying student loans again?

by Samantha Fields
Jul 24, 2023
Student loan payments will resume this fall, but a new study from TransUnion shows that many people have taken on new debt in the meantime.
More than 40 million people have federal student loans, and payments will resume this fall after a multiyear hiatus.
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It's getting harder to obtain loans. That's exactly what the Fed wants.

by Stephanie Hughes
Jul 18, 2023
Fewer loans means less consumer spending, and less consumer spending means lower inflation.
"Most people's financial wiggle room is pretty small, even before they have to start repaying their student loan," said Matt Schulz at LendingTree.
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The Biden administration is forgiving $39 billion in federal student loans. Find out if you qualify 

by Janet Nguyen
Jul 14, 2023
More than 800,000 U.S. borrowers should see relief.
The Supreme Court struck down President Joe Biden's loan forgiveness plan, but the Biden administration has announced some remedies that will provide some borrowers with relief.
zimmytws via Getty Images
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As student loan repayments are set to restart, the Education Department looks to ease the transition

by Samantha Fields
Jul 3, 2023
For one thing: the first year after payments restart, borrowers who fall behind won’t be penalized.
Student loan borrowers demand President Biden use "Plan B" to cancel student debt Immediately at a rally outside of the Supreme Court on June 30, 2023 in Washington, D.C.
Paul Morigi/Getty Images for We The 45 Million
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With student loan forgiveness program struck down, borrowers brace for impact

by Mitchell Hartman
Jul 3, 2023
Some of those who owe the least could be among the most affected.
Protestors demonstrate in front of the White House after the Supreme Court struck down Biden's student debt forgiveness plan.
Anna Moneymaker/Getty Images
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Student debt help could be a new worker perk with loan payments resuming soon

by Stephanie Hughes
Jun 16, 2023
It’s still a relatively rare benefit: About 8% of employers in the country offer help with student loan debt.
Employers who offer some sort of benefit that helps workers with student debt see it as part of competing for talent in a tight job market.
Paras Griffin/Getty Images
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National Debt

What the debt ceiling deal means for your student loans

by Hannah Baggenstoss
Jun 2, 2023
A debt ceiling deal has been made, and student loan borrowers will have to start making payments again later this summer.
President Joe Biden’s student loan forgiveness plan is awaiting a decision by the Supreme Court.
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When a wedding, student loan payments and economic anxiety mean it's time for a second job

by Andie Corban
May 31, 2023
"I wanted to have something that I could easily add on to my current workload," says chemist April Oliver of Bozeman, Montana.
In addition to her full-time job, April Oliver is working as an adjunct faculty member at a nearby university leading chemistry labs.
Thibault Savary/AFP via Getty Images
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