Student loan debt swelled under Biden, despite historic forgiveness

• This student loan relief may be most at risk under the Trump administration, experts say

  With President Donald Trump back in the White House, a number of student loan programs face uncertainty. Trump is a vocal critic of debt forgiveness policies.
  
  CNBC - Jan. 21

• Biden announces final round of student loan forgiveness, bringing aid total to nearly $189 billion

  The Biden administration announced on Thursday its final round of student loan forgiveness, clearing over $600 million in the debt for thousands of borrowers.
  
  CNBC - Jan. 17
• 

  Biden admin announces last round of student debt relief

  The Biden administration announced Thursday its final round of student debt relief, topping off the most loan forgiveness ever given in a presidency.   The Department of Education announced it was ...
  
  The Hill - Jan. 16

• Biden forgives $4.5 billion in student debt for 261,000 borrowers who attended now-defunct Ashford University

  The Biden administration announced Wednesday that it would forgive $4.5 billion in student debt for 261,000 borrowers who attended Ashford University.
  
  CNBC - Jan. 15
• 

  Biden Administration Forgives 260,000 Loans for Ashford University Students

  Ashford University was one the country’s largest for-profit college companies at one point.
  
  Inc. - Jan. 15
• 

  Biden cancels student loans for 150,000 more borrowers

  President Joe Biden announced his administration had approved student loan relief for more than 150,000 borrowers, bringing the total number who have had their student debt cancelled under the ...
  
  NBC News - Jan. 13

• Biden's total student debt relief passes $183 billion, after he forgives another 150,000 borrowers

  In his final days in office, President Joe Biden announced that his administration would forgive student debt for more than 150,000 borrowers.
  
  CNBC - Jan. 13
• 

  Biden announces student debt relief for 150,000 borrowers, bringing total helped to more than 5M

  The Biden administration announced Monday it was forgiving student loans for more than 150,000 borrowers, bringing the total number of individuals impacted by debt relief in President Biden’s term ...
  
  The Hill - Jan. 13

• More than a million student loan borrowers got debt forgiven in 2024. What to know at tax time

  If your student loans were forgiven in 2024, you may be wondering if there are any tax implications.
  
  CNBC - Jan. 12

More from CNBC

• Trump pauses Mexico tariffs for one month after agreement on border troops

  President Donald Trump over the weekend said he was imposing 25% tariffs on goods imported from Mexico and Canada, and a 10% tariff on goods from China.
  
  CNBC - 1h

• Trump names Treasury Secretary Scott Bessent acting head of CFPB after firing Chopra

  Bessent, a former hedge fund manager, was confirmed as head of the U.S. Treasury last week.
  
  CNBC - 2h

• Apple shares fall on concern Trump tariffs on China will hit profit

  Among the tech megacaps, Apple may be the most vulnerable to President Trump's announced tariffs on China.
  
  CNBC - 46m

• Temu parent PDD's stock tumbles as Trump tariffs close trade loophole

  PDD-owned budget online retailer Temu and its rival Shein have relied on de minimis to maintain their rock bottom prices.
  
  CNBC - 57m

• Vanguard announces fee cuts for nearly 100 funds, including ETFs with billions of dollars in assets

  The asset manager said this is its biggest fee cut ever and will save investors about $350 million this year.
  
  CNBC - 1h

More in Business

• Bitcoin reverses earlier losses, tops $101,000 after U.S. delays tariffs on Mexico

  Cryptocurrencies tumbled over the weekend in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs.
  
  CNBC - 9m

• Steelmakers may benefit from Trump trade salvos, but Wall Street warns of longer-term headwinds

  Trump's tariffs could give steel companies more pricing power, but weaker demand could weigh on the stocks longer term, Wall Street analysts said.
  
  CNBC - 10m

• Investors wade into bank debt as tariffs bite and key bank regulator is replaced

  Bank bond spreads against U.S. Treasurys widened and money flowed into most debt issued by major banks on Monday, in a sign that Wall Street is wading into the sector on the heels of President ...
  
  MarketWatch - 13m

• Trump tariffs could raise medication costs and exacerbate shortages, drug trade groups warn

  The U.S. relies heavily on other countries for pharmaceutical products, especially for generic drugs.
  
  CNBC - 23m

• Tariffs may have 'slammed shut' the window for interest rate cuts in 2025, economist says

  Proposed tariffs are expected to raise inflation and keep interest rates elevated into 2026, if they take effect, according to economists.
  
  CNBC - 25m