Student loan borrower activists and their allies ramped up a pressure campaign this week to convince President Biden to extend an ongoing pause on student loan payments, and enact broad student loan forgiveness. But time is running out for Biden to act.
With millions of borrowers on track to resume repayment on their student loans in just over 30 days, top lawmakers in Congress wrote to President Biden urging him to extend the payment pause to the end of the year and enact broad student loan forgiveness.
The Consumer Financial Protection Bureau (CFPB) has issued a $1 million penalty to a major student loan servicer for allegedly misleading borrowers about student loan forgiveness. Here’s an overview.
In March 2020, the U.S. Department of Education allowed 37 million student-loan borrowers to pause their monthly loan payments due to the COVID pandemic. DOE extended the payment moratorium several times, allowing all these college borrowers to skip making payments...
Buried in Biden’s budget proposal is a key tax reform that could have significant benefits for borrowers who will qualify for student loan forgiveness in future years. Here’s an overview.
No student loan forgiveness or an extension of the payment pause. But that doesn’t mean more relief isn’t coming. Here’s what borrowers should know.
If Biden does decide to enact broad student loan forgiveness through executive action, there are several potential legal paths to doing so. Here’s an overview.
As millions of borrowers barrel towards the end of the student loan payment pause, a key Senate Democrat is calling on President Biden to permanently eliminate federal student loan interest.
New guidance from the Education Department may allow many more borrowers to qualify for student loan forgiveness under a temporary expanded relief program.
Paolo Bacigalupi’s apocalyptic novel The Water Knife is a tale about the struggle for water in the desert Southwest. Lucy, one of the novel’s lead characters, is an investigative reporter trying to understand the major power players who use the law,...
A top Democrat is urging President Biden to extend the ongoing student loan pause — and there are growing signs that Biden might do it. Here’s the latest.
“It’s a thankless job,” Kurt Vonnegut observed in Titans of Siren, “telling people it’s a hard, hard Universe they’re in.” I know how Kurt feels. I’ve been writing about the student loan crisis for 25 years. About ten...
A few days ago, Elliott Sterling of Baton Rouge was convicted of massive student-loan fraud. As reported in the Baton Rouge Advocate, Sterling stole $1.4 million in student loan money by pretending to be a Baton Rouge Community College student 180 times. Prosecutors...
An expanded student loan forgiveness program for public service workers is providing very real, tangible relief for some borrowers. But many others are struggling to navigate a clumsy student loan bureaucracy and conflicting information.
Last week, the Biden administration announced $6.2 billion in new student loan forgiveness. Here’s who qualifies.
Betsy DeVos, the Wicked Witch of the Midwest, was perhaps the most despised member of President Trump’s cabinet. As Trump’s Education Secretary, she coddled the for-profit college industry and (in my opinion) bungled the Public Service Loan Forgiveness...
Around 2,500 prisoners sit on Death Row in American prisons. Nearly 700 condemned men await death in the Golden State of California. A couple hundred are housed on Death Row in Texas, the Lone Star State. And Florida–the Sunshine State– has 330 prisoners...
The Biden administration is looking increasingly likely to issue more student loan relief in the coming weeks, including an extension of the student loan pause and additional student loan forgiveness. Here’s what it means for borrowers.
The Biden administration on Wednesday announced that 100,000 student loan borrowers have been identified as qualifying for $6.2 billion in student loan forgiveness under a new, expanded program for borrowers working in public service careers. Here are the...
Here’s why there could actually be yet another extension of the student loan payment pause.
A top White House official suggested this week that President Biden is considering a further extension of the ongoing pause on student loan payments, and that student loan forgiveness is very much still on the table.
This week, the Biden administration unveiled a new appeal and reconsideration process for public service borrowers who have received potentially erroneous determinations about their student loan forgiveness eligibility.
Biden did not mention student loan forgiveness or other student loan relief during his State of the Union address. Here’s what it means for borrowers.
Under a temporary expansion of a key federal student loan forgiveness program for public service workers, thousands of jobs will qualify, and a million borrowers may ultimately benefit. Here are the details.
The Education Department on Wednesday announced it is moving forward with a massive overhaul of the federal student loan servicing system. Here are the details, and what the changes may mean for borrowers.
Former Secretary of Education John King is the latest high-profile official to call on President Biden to enact widespread student loan forgiveness.
The Biden administration has now approved at least $16 billion in student loan forgiveness, following the last week’s announcement of newly approved eligible borrowers. Advocates say it’s not enough.
The current status of the student loan pause is starting to get confusing for borrowers. Here’s where things stand.
The U.S. Department of Education on Wednesday announced that it had approved $415 million in new student loan forgiveness for borrowers who were defrauded by their schools.
While the debate over student loan forgiveness continues in Washington, a new poll released this week found broad support for at least some student debt cancellation.
More than a million student loan borrowers could benefit from recent changes to a key student loan forgiveness program starting this month, a Department of Education official told borrowers this week.
Student loan borrowers hoping to have an easier path to student loan forgiveness through bankruptcy have been receiving conflicting messages from the Biden administration about what, if any, reforms may be coming.
As we enter tax season, borrowers should keep in mind that in some cases, student loan forgiveness may be taxable. In other cases, it may not. And in 2022, the issue is more complicated than ever. Here’s an overview.
A broad coalition of advocacy organizations on Wednesday demanded that President Biden enact sweeping, immediate reforms to federal student loan income based repayment programs and bring millions of borrowers closer to obtaining student loan forgiveness.
Student Debt Strike, an online Reddit community, advocates for a mass student-debt strike as the best way to pressure Congress to grant wholesale student-loan forgiveness. I totally support this group’s goals. Economist Stephanie Kelton and others have argued...
A popular federal student loan forgiveness program for borrowers working in public service careers has undergone multiple changes. Determining eligibility, and figuring out how to apply, can be a full-time job itself. Here’s a breakdown.
