Latest in Student Loan Debt
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Student loan debt swelled under Biden, despite historic forgiveness
Despite President Joe Biden's unprecedented rate of student loan forgiveness, the country's outstanding debt still grew while he was in office. Here's why.CNBC - 8h -
Villa interested in loan deal for Rashford
Aston Villa are one of a number of clubs interested in Manchester United's out-of-favour striker Marcus Rashford.BBC News - 3d -
Bangladesh students win a chance for change
Interim leader Muhammad Yunus on his hopes for a better futureFinancial Times - 4d -
Home equity loan vs. personal loan: Which will be better for 2025?
Both have unique features that borrowers may want to take advantage of this year. Here's what to consider now.CBS News - 5d -
From Medicaid to student loans, scope of Trump budget gambit leaves Americans scrambling
Move to halt federal grant funding will create a “constitutional crisis,” a top Senate Democrat said.MarketWatch - 5d -
White House freeze on federal aid will not affect student loans, Education Department says
The Education Department said Trump's freeze on federal aid will not affect federal Pell Grants and student loans.CNBC - 6d -
White House freeze on federal aid will not affect student loans, Education Department says
The Department of Education said Tuesday that the pause on federal grants and loans will not affect student loans or financial aid for college.NBC News - 6d -
Federal Spending Freeze Does Not Apply to Student Loans and Pell Grants
Students and parents panicked after news of the order, but the Education Department said the guidance would not stop the flow of money to students and schools.The New York Times - 6d -
How a MIT grad student planned a Yale student's near perfect murder
When Kevin Jiang was killed on Feb. 6, 2021, no one had any idea why he may have been targeted. But detectives would soon discover that someone had a secret plot to kill him.CBS News - Jan. 26 -
The GOP debt limit jam
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story GOP faces tough decision on debt limit Some House Republicans are getting anxious ...The Hill - Jan. 24 -
Trump's DOJ asks Supreme Court to freeze cases on student debt, environment
President Trump’s Justice Department on Friday asked the Supreme Court to freeze four pending cases implicating the environment or student debt as the new administration considers reversing the ...The Hill - Jan. 24 -
What student loan borrowers should know about plans to restart collections
Here's what student loan borrowers struggling to pay their bills need to know about the restart of collections.CNBC - Jan. 24 -
How much debt is required to file for bankruptcy?
If you're planning to file for bankruptcy, it's important to understand the minimum debt requirements beforehand.CBS News - Jan. 24 -
What is the credit card debt collection process?
Understanding these steps can demystify the process and help you find the right approach to get rid of your debt.CBS News - Jan. 23 -
Will collections debt go away if I file for bankruptcy?
Getting rid of debt in collections is important if you want to get your finances back on track.CBS News - Jan. 22 -
How the Debt Could Hamstring Trump’s Agenda
Republicans are hunting for ways to pay for President Trump’s expensive plans while avoiding a freakout on Wall Street.The New York Times - Jan. 22 -
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 -
Trump inherits a $1.6 trillion student-loan crisis. What he does next will impact millions of borrowers.
As Donald Trump takes the oath of office, student-loan borrowers face uncertainty about the future of their debtMarketWatch - Jan. 21 -
Biden touted student-debt cancellation for 5 million borrowers. Here’s who benefited, and how.
New research suggests borrowers whose loans were canceled were less well-off than those still paying.MarketWatch - Jan. 20 -
Candidly delivers next-gen benefit solutions for student debt and beyond
Candidly, the category leader in financial wellness benefits, partners with leading employers, recordkeepers, and financial services providers to deliver solutions that bring financial wellness, ...CBS News - Jan. 20 -
Can you dispute a debt that was sold to a debt collector?
Disputing a debt that has been sold to a debt collector is not just possible — it's your legal right.CBS News - Jan. 17 -
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 -
Tips for paying off debt
With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst Jill Schlesinger provides tips on how to pay down debt.CBS News - 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 seeks to avoid default crisis for student loan borrowers as garnishments resume
In a new memo obtained by CNBC, a top official at the U.S. Department of Education lays out ways to avoid a wave of new defaults by student loan borrowers.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 -
Ex-England boss Eriksson died heavily in debt
Swedish football manager Sven-Goran Eriksson, the first foreigner to lead the England national team, died with debts of over £3.8 million ($4.64 million) following years of financial mismanagement.ESPN - Jan. 15 -
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 -
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 -
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 -
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 -
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 -
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 -
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