Latest in Biden cancels student loan debt for thousands of borrowers
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‘I take pride in being debt-free’: My husband owes thousands of dollars in student loans and credit-card debt. Will I be on the hook if he dies?
“We own a house together through a joint trust, but our bank accounts and credit cards are all held separately.”MarketWatch - 13h -
Biden cancels student loan debt for thousands of borrowers
President Joe Biden's administration announced on Friday another $4.28 billion dollars in student loan relief for nearly 55,000 public service workers.ABC News - 14h -
Biden Withdraws Proposed Regulations on Student Loans and Trans Athletes
The decision to withdraw the regulations seemed to be an acknowledgment that they would go nowhere under the Trump administration.The New York Times - 1d -
White House starts scrapping pending regulations on transgender athletes and student debt
The Department of Education said it was withdrawing the proposal because of ongoing litigation over how Title IX should handle issues of gender identity.NBC News - 1d -
Biden forgives $4.28 billion in student debt for 54,900 borrowers
The Biden administration announced on Friday that it would forgive another $4.28 billion in student loan debt for 54,900 borrowers who work in public service.CNBC - 1d -
Biden issues likely last round of student debt forgiveness before leaving office
The Biden administration is canceling federal student loans for another 55,000 workers to the tune of $4.28 billion in what's expected to be the last such round before he leaves office.CBS News - 1d -
Biden Withdraws Proposed Regulations on Student Loans and Trans Athletes
The decision to withdraw the regulations seemed to be an acknowledgment that they would go nowhere under the Trump administration.The New York Times - 1d -
Biden administration withdraws proposed regulations on transgender athletes, student debt
The Biden administration on Friday withdrew a pending regulation governing transgender athletes, abandoning an effort to provide some protections for transgender students that the incoming Trump ...The Hill - 1d -
Biden pulls the plug on mass student-debt cancellation after rushing $4.28 billion in relief
Tens of thousands of public servants will have $4.28 billion in student debt canceled, the Biden administration announced Friday.MarketWatch - 1d -
Biden canceling student loan debt for 55K public service workers
President Biden announced on Friday he would be canceling more student debt for tens of thousands of public service workers, possibly his last major move on the issue before leaving office in a ...The Hill - 1d -
Biden issues likely last round of student debt forgiveness before leaving office
The Biden administration is canceling federal student loans for another 55,000 workers to the tune of $4.28 billion in what's expected to be the last such round before he leaves office.CBS News - 1d -
Government borrowing at three-year low for November
Public sector borrowing was £11.2bn last month, the lowest November figure since 2021.BBC News - 1d -
Student loan servicer transfer led to 'millions of consumer credit reporting errors': Lawmakers
A “faulty” transfer of student loan accounts from Nelnet to Mohela in 2023 led to “millions of consumer credit reporting errors,” lawmakers say in a new letter to government agencies reviewed by CNBC.NBC News - 2d -
Student loan servicer transfer led to 'millions of consumer credit reporting errors': Lawmakers
A "faulty" transfer of student loan accounts from Nelnet to Mohela led to "millions of consumer credit reporting errors," lawmakers say in a new letter.CNBC - 2d -
How to get a low student loan rate for the spring 2025 semester
Using these strategies could help you secure the lowest student loan rate possible, experts say.CBS News - 2d -
Fed cuts interest rates, delivering relief for borrowers
The rate decision follows two consecutive months of rising inflation.ABC News - 3d -
Federal student loan forgiveness opportunities lost to those who refinance, CFPB warns
With the Federal Reserve's recent cuts to interest rates, more federal student loan borrowers are wondering if they should refinance. The CFPB has warnings.CNBC - 4d -
Biden administration offers California's PG&E up to $15B loan to boost climate resilience
The Biden administration on Tuesday announced its conditional approval of a loan guarantee for Pacific Gas & Electric Co. (PG&E) of up to $15 billion, which would serve to decarbonize the massive ...The Hill - 4d -
Biden Administration Agrees to Record $15 Billion Loan to PG&E
The Energy Department loan would finance the California utility’s efforts to upgrade the power grid and reduce emissions.The Wall Street Journal - 4d -
Biden's student loan forgiveness ‘Plan B’ is in its ‘last step,’ expert says. What borrowers need to know
With weeks to go before President-elect Donald Trump takes office, the Biden administration is still taking steps to deliver sweeping student loan forgiveness to millions of Americans.NBC News - 5d -
Biden's student loan forgiveness 'Plan B' is in its 'last step,' expert says. What borrowers need to know
The Biden administration is still taking steps to deliver sweeping student loan forgiveness to millions of Americans.CNBC - 5d -
Bluesky: the tech hotshot that’s old, new, borrowed and blue
The social network offers a near facsimile of Elon Musk’s X that’s friendlier to users, if not necessarily investorsFinancial Times - Dec. 15 -
Relief for thousands of families burdened by crushing medical debt
After NBC's reporting on a large hospital system that placed liens on homes of patients who owed medical debt, the company removed the liens and canceled judgments against thousands of patients. ...NBC News - Dec. 13 -
How to succeed with debt relief
By taking the right steps now, you can set the stage for lasting financial freedom in the future.CBS News - Dec. 12 -
Ukraine war escalates as Biden sends $20bn loan before Trump presidency
Both sides scramble to put their forces in best position in preparation for expected change in US foreign policy. The grinding war between Ukraine and its Russian invaders has escalated ahead of ...The Guardian - Dec. 11 -
Fleetwood cancel striker Odubeko's contract
Fleetwood Town cancel striker Mipo Odubeko's contract with immediate effect after four months with the club.Yahoo Sports - Dec. 11 -
Romania’s cancelled presidential election
An alleged Russian campaign to support a nationalist candidate raises alarmsFinancial Times - Dec. 10 -
Students priced out of London as rents rise faster than loans
Pressure on government to take action over the ‘cost of learning crisis’ in the UK capitalFinancial Times - Dec. 10 -
German union boss urges Berlin to scrap borrowing cap to safeguard economy
IG Metall chair Christiane Benner addresses thousands of VW workers striking over planned closure of several plantsFinancial Times - Dec. 9 -
3 home equity borrowing mistakes seniors should avoid now
Home equity borrowing needs to be approached carefully by seniors. Here are three mistakes to avoid when doing so.CBS News - Dec. 9 -
Thousands without power and trains cancelled as Storm Darragh hits Britain
An emergency alert came into effect at 1am on Saturday.Yahoo Sports - Dec. 7 -
Biden administration under pressure to forgive more student loan debt before Trump takes office
With just a little more than a month and a half left in office, President Joe Biden is under pressure to forgive more student loan debt.CNBC - Dec. 5 -
2 smart ways to borrow money for 2025 (and 2 risky ones)
Borrowers in need of some extra money should be aware of these smart (and risky) options heading into 2025.CBS News - Dec. 5 -
'Last minute spending spree' by Biden, including Rivian loan, to get DOGE scrutiny, says Vivek Ramaswamy
DOGE co-lead Vivek Ramaswamy says Biden administration attempts to dole out IRA, Chips Act funds, and EV loans, at the last minute will be reviewed.CNBC - Dec. 5 -
My friend declared bankruptcy. Can creditors still go after him for child support, back taxes and student debt?
“Most of those old debts are credit-card debts.”MarketWatch - Dec. 4 -
Powell's debt warning
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Powell warns US on 'unsustainable' path Federal Reserve Chair Jerome Powell ...The Hill - Dec. 4 -
More employers add 401(k) plan match for workers paying student loans
The share of businesses choosing to offer a 401(k) plan match based on student loan payments is slowly increasing due to a law known as Secure 2.0.CNBC - Dec. 4 -
Student loan borrowers may find bankruptcy harder under Trump
The Biden administration's more lenient policy toward student loan borrowers filing for bankruptcy may come to an end with the election of Donald Trump.CNBC - Dec. 4 -
6 HELOC borrowing mistakes to avoid this December
Borrowing against your home equity is a smart option right now, but there are some big mistakes to avoid if you do.CBS News - Dec. 2 -
Thousands cheer Biden's arrival in Angola for his long-promised sub-Saharan Africa visit
President Joe Biden has arrived for his long-awaited first presidential visit to sub-Saharan Africa to the cheers of thousands in AngolaABC News - Dec. 2