Student loan borrowers facing financial hardship could get debt forgiveness — if Biden’s new plan survives

Student-loan borrowers facing financial hardship could get debt forgiveness — if Biden’s new plan survives

Student-loan borrowers struggling financially may have a path toward debt relief if the Biden administration gets its way.

Business - MarketWatch - October 25

Biden's latest student debt plan would create forgiveness path for borrowers facing financial ruin

The Biden administration introduced a proposal to deliver student loan forgiveness to millions of people experiencing devastating financial hardship.

Business - CNBC - October 25

Biden unveils new student debt plan for people with financial hardships

President Joe Biden's plans to forgive student debt have hit legal roadblocks. Now a new plan would look to help people experiencing financial hardships.

Biden Administration Floats Student Loan Relief for Borrowers Facing Hardship

The proposal, which faces tough legal prospects, would offer forgiveness to millions of borrowers who are unable to pay back their loans because of financial setbacks.

Business - The New York Times - October 26

Biden tries again at student loan cancellation, for those in financial hardship

The Biden administration is moving ahead with a new path to student loan cancellation for Americans who face steep medical bills, child care costs and other types of financial hardship that prevent ...

8 million student loan borrowers would qualify for relief under Biden 'hardship' rules

The Biden administration announced on Friday proposed rules to give student debt relief to borrowers experiencing “hardship” in the president’s latest attempt to forgive student loans. The ...

Politics - The Hill - October 25

Student loan legal battles delay SAVE borrowers' path to forgiveness

With the Biden administration's new student loan repayment plan is tied up in legal battles, millions of borrowers have had their monthly payments put on hold.

Business - CNBC - Yesterday

These 17 factors could soon make you eligible for student loan forgiveness

The Biden Administration has outlined two pathways for student loan borrowers facing financial hardship to get debt relief.

Business - CNBC - October 25

What Trump's win could mean for student loan forgiveness

The Biden administration's work to cancel student loan debt for tens of millions of Americans will likely come to an end with the election of Donald Trump.

Business - CNBC - November 7

Trump’s Win Puts Student Loan Forgiveness Into Question

Trump and Republicans have been very critical of student loan forgiveness.

Business - Inc. - November 8

How will the Trump presidency affect student loan forgiveness?

President-elect Donald is returning to the White House after defeating Vice President Harris, but what will his second term mean for the millions of Americans with student loan debt?

Politics - The Hill - 5 days ago

What does Trump win mean for student loan forgiveness?

President-elect Trump’s past moves and rhetoric on student loans are leaving a dismal outlook for advocates who are now focusing their attention on getting President Biden to act quickly on ...

Politics - The Hill - November 8

Trump's win may put this popular student loan forgiveness program at risk

The Public Service Loan Forgiveness program may be at risk with the election of Donald Trump. Here's what borrowers should know.

Business - CNBC - November 12

Student loan servicers are pulling incorrect payments from borrowers' bank accounts, consumer protection bureau says

Lenders often encourage federal student loan borrowers to sign up for automatic payments. But a new report shows the decision can backfire.

Business - CNBC - 4 days ago

Student loan servicers are pulling incorrect payments from borrowers' bank accounts

Lenders often encourage federal student loan borrowers to enroll in automatic payments.

Could Trump reinstate the student debt that Biden forgave? Here's what experts say

Millions of student loan borrowers have had their debt forgiven under the Biden administration. Could President-elect Donald Trump claw back that relief?

Business - CNBC - 3 days ago

Can you use a 401(k) hardship loan to pay off credit card debt?

You could pay off your credit card debt with your retirement funds, but there are likely better options.

Have $50,000 in credit card debt? Here's what debt forgiveness could cover.

With a credit card balance that high, the right debt forgiveness program could help you save a substantial amount.

Have $40,000 in credit card debt? Here's what debt forgiveness could cover.

The right debt forgiveness program could lead to hefty savings on a $40,000 debt. Here's how.

Have $35,000 in credit card debt? Here's what debt forgiveness could cover.

If you're facing $35,000 in credit card debt, debt forgiveness could have a big impact on your balance. Here's how.

Elon Musk says Trump's economic plans could cause 'temporary hardship'

Musk, the world's richest person, is a prominent supporter of Trump.

3 ways President-elect Donald Trump's next term may impact student loan borrowers

The former president will return to the White House in January 2025 following his win over Vice President Kamala Harris.

Business - CNBC - November 8

What will a second Trump term mean for student-loan borrowers? Project 2025 and the Betsy DeVos era offer clues

The president-elect’s approach to student-loan debt is likely to mark a radical departure from the Biden administration’s

Business - MarketWatch - November 12

30% of federal student loan borrowers have gone without food or medicine, CFPB finds

Thirty percent of student loan borrowers say they've gone without food or medicine due to their monthly bills, the Consumer Financial Protection Bureau finds.

Business - CNBC - November 13

Here's how an 86-year-old grandmother got her nearly $32,000 private student loan debt forgiven

Some lenders of private student loans offer disabled borrowers a way to get their debt forgiven. But the process is difficult to learn about and to navigate.

Business - CNBC - November 2

Trump and student loans

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story What Trump's win means for student loan forgiveness Advocates are now focusing ...

Politics - The Hill - November 8

Biden needs to push through promised student-loan relief before Trump returns to White House, powerful Democrat warns

The Biden administration needs to move quickly to cancel the student loans of borrowers who were already promised relief before President-elect Donald Trump takes office or risk having this White ...

Business - MarketWatch - 18 hours ago

President Joe Biden has forgiven over $166 billion in student debt—see how much in each state

Fixes to existing forgiveness programs and a brief window under the new SAVE program allowed President Biden to forgiven $166 billion in student debt.

Business - CNBC - November 15

Does debt consolidation or debt forgiveness make more sense with bad credit?

Finding the right solution to your high-rate credit card debt can be tough if your credit is less than ideal.

Will Trump Try to End the Public Service Loan Forgiveness Program?

There is widespread concern that President-elect Donald J. Trump may end it, since he has tried before. But that may be the wrong thing to fear.

Business - The New York Times - November 14

Thames Water secures £3bn loan to survive into 2025

The UK's biggest utility company agrees a lifeline to help it last until next October.

Here's how to qualify for credit card debt forgiveness before 2025

Debt forgiveness could help you save money on what you owe, but you'll need to meet some requirements to enroll.

Is debt forgiveness a good option right now? Here's what experts say

If you're deep in debt, pursuing this type of relief may be an option — but it won't make sense for everyone.

Should you apply for credit card debt forgiveness before the holidays?

For many users, a credit card debt forgiveness program may be worth pursuing now, before the holidays. Here's why.

Everything you need to know about student loans

How do I get my student loan payments, what can I borrow and when do I have to start paying it back?

Former students urged to check for loan refunds

New figures show university graduates could be eligible for refunds worth nearly £200m.

Which of Trump's Cabinet picks could face most trouble getting confirmed?

Several of President-elect Donald Trump's Cabinet picks have generated controversy. CBS News political director Fin Gómez examines who could face the most trouble in the confirmation process.

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