Latest in Student loan debt swelled under Biden, despite historic forgiveness
Sort by
1,311 items
-
Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume
This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face collection activity, including the garnishment of their wages and ...NBC News - Jan. 15 -
U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39%, the Treasury ...MarketWatch - Jan. 14 -
US oil group under pressure to exit Russia after Biden widens sanctions
Lawmakers tell SLB, better known as Schlumberger, to quit country or risk penaltyFinancial Times - Jan. 13 -
Biden says he helped get student debt forgiven for 5 million borrowers. Now it’s Trump’s turn to deal with the crisis.
The Biden White House took big swings at student-loan relief, but its efforts were complicated by opposition.MarketWatch - Jan. 13 -
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 -
Eaton Fire hits historically Black neighborhoods
The Eaton Fire has destroyed thousands of structures in the communities of Altadena and Pasadena. Both are historic communities that generations of Black families have called home. Elise Preston ...CBS News - Jan. 12 -
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 -
House Republicans face massive debt problem
House Republicans have a problem. They want to pass a massive agenda for President-elect Trump, preferably in his first 100 days of office. And they don’t want to add to the federal deficit. That ...The Hill - Jan. 11 -
Their Social Security benefits were slashed. Now they’re getting hundreds — maybe thousands — of dollars back under new law Biden just signed.
Retired public workers will get check adjustments and retro pay under the recently signed Social Security Fairness Act.MarketWatch - Jan. 11 -
Hammer attack injures eight students at Tokyo university
Japanese police say 22-year-old woman arrested as witness describes panic after attacker ‘all of a sudden’ began swinging hammer in classroom. Eight Tokyo university students attacked with a hammer ...The Guardian - Jan. 11 -
How historic humiliation inspired Broncos' defense
Denver's defense allowed 70 points in Week 3 last year. Now it's helped the Broncos return to the postseason.ESPN - Jan. 10 -
Can a debt collector refuse my settlement offer?
Negotiating a successful debt settlement could be a little more complicated than you'd expect.CBS News - Jan. 10 -
Judge Rejects Biden’s Title IX Rules, Scrapping Protections for Trans Students
The decision threw out the administration’s proposed regulations, which prohibited discrimination based on gender identity.The New York Times - Jan. 9 -
Biden’s Title IX expansion protecting LGBTQ+ students struck down
Judge in Kentucky finds rules overstepped president’s authority and scraps entire 1,500-page regulation. The Biden administration ’s Title IX rules expanding protections for LGBTQ+ students have ...The Guardian - Jan. 9 -
Does the IRS ever forgive back taxes?
The IRS may be known for taking a hard stance on tax debt repayment, but that isn't always the case.CBS News - Jan. 9 -
Judge scraps Biden's Title IX rules expanding protections for LGBTQ+ students
The Biden administration’s Title IX rules expanding protections for LGBTQ+ students have been struck down nationwide after a federal judge in Kentucky found that they overstepped the president’s ...ABC News - Jan. 9 -
Judge scraps Biden's Title IX rules, reversing expansion of protections for LGBTQ students
President-elect Donald Trump previously promised to end the rules “on day one” and made anti-transgender themes a centerpiece of his campaign.NBC News - Jan. 9 -
Trump’s win made Biden’s historical legacy one of failure
Having run as a transitional figure, Biden succumbed early to the fatal conceit that he could be a transformational leader, akin to Franklin D. Roosevelt or Lyndon B. Johnson.The Hill - Jan. 9 -
Palisades Fire threatens historic Los Angeles landmarks
The Palisades Fire which has burned thousands of acres in Los Angeles has threatened several landmarks which many Americans have come to know from television and in movies. Tom Hanson reports.CBS News - Jan. 8 -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers affected by the wildfires ripping across Southern California have relief options if they’re worried about keeping up with their payments as they recover.NBC News - Jan. 8 -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers impacted by the latest wildfires in California and other natural disasters have options if they're struggling.CNBC - Jan. 8 -
What factors drive mortgage loan interest rates?
The Fed rate decisions aren't the only factor that plays a role in where mortgage rates head next.CBS News - Jan. 8 -
Biden’s new Social Security law is official — but implementing it under Trump will be a challenge
The Social Security Administration will now begin issuing large back payments to millions of individuals; however, it is unlikely the agency has the bandwidth to implement the new benefit structure ...The Hill - Jan. 8 -
As student loan bills become a normal part of life again, tax break will be available to many
There's one upside to your student loan payments: They might qualify you for a tax break.CNBC - Jan. 7 -
49ers' Ricky Pearsall wants to meet teen who shot him: 'I have to be able to forgive him'
Pearsall was shot by a 17-year-old just before his rookie season was set to beginCBS Sports - Jan. 7 -
San Francisco 49ers rookie Ricky Pearsall says he forgives the teen who shot him
San Francisco 49ers wide receiver Ricky Pearsall said he forgives the teenager who shot and wounded him and hopes to talk to the teen someday.NBC News - Jan. 7 -
Pentagon reaches historic settlement with LGBTQ+ veterans
The Pentagon has reached a historic legal settlement with more than 35,000 LGBTQ+ veterans that would create "new and simpler processes to obtain updated discharge records and potential upgrades to ...CBS News - Jan. 7 -
Can I qualify for credit card debt forgiveness with a low credit score?
A low credit score could limit your debt relief options — but will it make you ineligible for debt forgiveness?CBS News - Jan. 7 -
Biden administration finalizes rule to strike medical debt from credit reports
U.S. consumers will no longer have medical debt appear on their credit reports under to a new rule the CFPB finalized Tuesday.NBC News - Jan. 7 -
Medical debt banned from credit reports by new Biden administration rule
Unpaid medical bills will no longer appear on credit reports under a final rule announced by the Biden administration.CBS News - Jan. 7 -
Democrats under fire for not sounding alarm earlier on Biden
Democratic leaders and lawmakers are coming under growing scrutiny for not blowing the whistle sooner on what is widely perceived to be President Biden’s decline during the final two years of his ...The Hill - Jan. 7 -
Biden Administration Moves to Ban Medical Debt From Credit Reports
The future of the new rule remains in question, however, with President-elect Donald J. Trump set to return to the White House this month.The New York Times - Jan. 7 -
Pentagon reaches historic settlement with veterans discharged under ‘don’t ask, don’t tell’
LGBTQ+ veterans who faced discrimination under policy can update paperwork to remove mention of their sexuality. The Department of Defense reached a historic settlement with more than 30,000 LGBTQ+ ...The Guardian - Jan. 6 -
Pentagon agrees to historic legal settlement with LGBTQ+ veterans
If approved by a federal judge, the agreement means the military would help thousands of veterans seek honorable discharges.CBS News - Jan. 6 -
What proof must credit card debt collectors provide for a debt?
Debt collectors must provide proof that a debt is valid. Otherwise, they have to stop their collection efforts.CBS News - Jan. 6 -
Students Charged in ‘To Catch a Predator’ TikTok Scheme
Five students at Assumption University in Worcester, Mass., are accused of luring a man to campus, where he was chased by a group of about 25 people.The New York Times - Jan. 6