Search Results For student debt debt relief

Biden to civil rights group: ‘I have your back’ on student debt relief

January 17, 2023

Biden sharply criticized Republicans for opposing his plan while supporting pandemic relief for small businesses. “Currently the only thing blocking my plan is them suing us,” Biden said of Republican officials.

Here’s how Biden’s Plan B for student debt relief would work

January 13, 2023

Even if the debt-forgiveness effort is struck down by the courts, the Department of Education's Plan B could help millions of borrowers by overhauling income-driven repayment plans.

More relief for student borrowers could come under new rules

January 11, 2023

The Biden administration’s plan to wipe out billions of dollars in student-loan debt is in legal limbo, blocked at least temporarily by lawsuits. But a related proposal to lower monthly payments for millions of borrowers is taking a major step forward this week.

With student debt forgiveness stalled, is free college also dead?

December 20, 2022

Questions about making college affordable for a wide swath of students remain perennially—and stubbornly—unanswered.

BLM sets up student relief fund as loan forgiveness stalls

December 13, 2022

The Black Lives Matter Global Network Foundation launched a new relief fund Monday aimed at Black college students, alumni and dropouts overburdened by mounting education costs and the student loan debt crisis.

Student loan borrowers thought they were getting relief. Now, courts have put their lives on hold.

December 12, 2022

“It’s disheartening," said a woman who's been paying college debt for about 30 years and was approved for the Biden federal student loan forgiveness program — which is now held up.

Legal losses keep coming for Biden’s student loan relief plan

December 01, 2022

Another appeals court rejected President Biden's bid to reinstate his student debt plan on Wednesday, marking the latest legal setback in the administration's effort to forgive up to $20,000 in debt.

Some student loan relief applicants get approval notice from Dept of Ed.

November 21, 2022

The emails being sent by the Department of Education to applicants of the relief program read: "We reviewed your application and determined that you are eligible for loan relief under the Plan."

Biden administration warns of ‘historically large increase’ in student loan defaults without debt forgiveness

November 16, 2022

“Unless the [Education] Department is allowed to provide debt relief, we anticipate there could be an historically large increase in the amount of federal student loan delinquency and defaults as a result of the COVID-19 pandemic,” Education Department Undersecretary James Kvaal said in the filing.

Student debt relief blocked, potentially hurting Black and Latino families the most

November 15, 2022

A decision from the 8th U.S. Circuit Court of Appeals on Monday to block President Joe Biden’s student debt relief program and another from a U.S. District Court in Texas last week could mean millions of Americans will not see their student loans forgiven.

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