Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume
In a new memo obtained by CNBC, a top official at the U.S. Department of Education lays out ways to avoid a wave of new defaults by student loan borrowers.
In last major batch of student loan relief, Biden forgives $4.5B for 261K borrowers
On Wednesday, the federal Education Department approved $4.5 billion in student loan forgiveness for 261,000 former Ashford University students.
Biden Administration Cancels Loans for 260,000 Former Ashford University Students
More than 260,000 former students of the now-defunct for-profit Ashford University are getting their student loans erased as the Biden administration presses ahead with debt forgiveness in its final d
261,000 more student-loan borrowers get $4.5 billion in debt cancellation in Biden's final days in office
In the second student-debt relief announcement this week, Biden canceled loans for borrowers who were defrauded by Ashford University.
Biden cancels more student loans with one week left to his term
President Joe Biden's Administration canceled more than $183 billion in student debt days from the end of his administration.
Biden Administration Forgives More Debt As Its Last Act on Student Loans
KEY TAKEAWAYS As its last student loan forgiveness action, President Joe Biden's administration forgave debt for 8,650 borrowers.This round gave more than $600 million to 4,550 borrowers enrolled in the Income-Based Repayment plan as part of payment count adjustments for Income-Driven Repayment plans.
Texas Public Radio17h
Experts give Biden a C average for his job on education
A dozen educators, researchers, advocates and experts gave him two F's, no A's and lots of votes in the middle.
WAVE Louisville on MSN11h
Make Ends Meet: The FAFSA Simplification ACT is actually not only simple but working
The good news for the 2025–2026 school year is the FAFSA is working fine for students and is ready for the upcoming school year.
Student Loan Debt Cancellation: How a Sinking Fund Can Help
A sinking fund is built for a specific purpose, often surrounding debt payments. These funds could also help in tax season.
Banks and Student Loans: 9 Things You Need To Know
When you think about getting a student loan, you might not consider going through a bank. As of 2024, only 8.84% of student ...
How to apply for student loan forgiveness based on borrower defense evidence? Submit the strongest application possible
For many borrowers, federal student loan debt can feel insurmountable, especially when they believe they were misled by their ...
Are Private Student Loans the Future if the Education Department Closes?
Private student loans could become more prominent without the Education Department, depending on how the Trump Administration ...
Hosted on MSN9h
Can You Use A 529 Plan To Pay Student Loans?
Families can now use 529 plan to pay student loans - for the most part. There are some limitations. The Setting Every ...
West Virginia MetroNews20h
WVU Guarantee program to help incoming and current students beginning Fall 2025
MORGANTOWN, W.Va. — Beginning this fall, West Virginia University is launching WVU Guarantee, a new last-dollar-in program ...