Category Archives: Student Loan

160,000 more student loan borrowers will get $7.7B in debt relief, thanks to President Biden

May 23, 2024 160,000 more student loan borrowers will get $7.7B in debt relief, thanks to President Biden The amount of total debt relief is now $167 billion. BY Reuters U.S. President Joe Biden on Wednesday announced the cancellation of another $7.7 billion in student debt for 160,000 borrowers, bringing the total number of people to … Continue reading 160,000 more student loan borrowers will get $7.7B in debt relief, thanks to President Biden

What’s happening with student loan forgiveness? The latest on the Supreme Court showdown

    By Cora Lewis—Associated Press February 28, 2023   The Supreme Court is meeting Tuesday to hear two cases challenging President Joe Biden’s student loan forgiveness plan. At stake: forgiveness of up to $20,000 in debt for more than 40 million Americans. Nearly half of those people could have their federal student debt wiped out entirely.   Already, about … Continue reading What’s happening with student loan forgiveness? The latest on the Supreme Court showdown

Student loan debt hobbles small business owners too. Biden’s forgiveness plan might help

  By Jude Cramer October 12, 2022 Student loan debt affects millions of Americans, and small business owners are no exception. Amid rising inflation and supply-chain issues driving up costs, entrepreneurs also facing student loan debt have found it difficult to grow over the past year. But President Biden’s plan for student loan forgiveness could … Continue reading Student loan debt hobbles small business owners too. Biden’s forgiveness plan might help

‘There is still work to be done’: 3 experts weigh in on Biden’s student loan forgiveness

August 26, 2022 By Terri Friedline, Dominique Baker, and John W. Diamond President Joe Biden announced a program to provide student debt relief to millions of borrowers of federal loans. The plan would offer up to $10,000 in forgiveness for people who earn less than $125,000 annually—$250,000 for couples—and up to $20,000 for Pell Grant … Continue reading ‘There is still work to be done’: 3 experts weigh in on Biden’s student loan forgiveness

Student loan forgiveness: Map reveals the states most interested student loan forgiveness

  By Michael Grothaus   July 07, 2022 Student loan debt in America stands at $1.7 trillion, reports CNBC. That’s more than the debt Americans have from credit cards and car loans. The massive amount of student loan debt is frequently cited as a reason young adults are putting off starting families and buying homes—they … Continue reading Student loan forgiveness: Map reveals the states most interested student loan forgiveness