loan forgiveness

Student loan borrowers gather outside the Supreme Court building in February 2023. The court's ruling on President Biden's debt relief plan is expected in June or July.

Is the debt deal changing student loan repayment? Here's what you need to know

10:10am May 31, 2023

by Emily Olson

If it passes, the proposed debt deal would set the date for federal student loan repayments to resume. The pause's end will affect some 43 million borrowers, but, in effect, it's not a big change.

An NPR analysis of data released Jan. 8 by the Small Business Administration shows the vast majority of Paycheck Protection Program loans have been forgiven, despite rampant fraud in the program.

How the Paycheck Protection Program went from good intentions to a huge free-for-all

1:04pm January 09, 2023

An NPR analysis of data released by the Small Business Administration shows the vast majority of Paycheck Protection Program loans have been forgiven, even though the program was rampant with fraud.

President Joe Biden speaking about student loan debt relief at Delaware State University, Oct. 21, 2022, in Dover, Del. The Biden administration said it is extending the student loan repayment pause again.

With student loan relief tied up in court, Biden extends repayment pause into 2023

7:15pm November 22, 2022

by Dustin Jones

The president has extended the student loan repayment pause into 2023. Biden said he wants to give lawsuits against debt cancellation time to play out, and the Supreme Court time to weigh in.

President Joe Biden speaks about student loan debt relief at Delaware State University, Friday, Oct. 21, 2022, in Dover, Del. A U.S. judge in Texas on Thursday, Nov. 9, 2022, blocked Biden's plan to provide millions of borrowers with up to $20,000 apiece in federal student-loan forgiveness.

A Texas judge strikes down Biden's student loan-forgiveness plan

9:58pm November 10, 2022

by The Associated Press

District Court Judge Mark Pittman, an appointee of former President Donald Trump based in Fort Worth, said the program usurped Congress' power to make laws.

Education

Student loan borrowers get a rare win as Senate approves a fix

4:20pm June 16, 2022

by Sequoia Carrillo

The measure would free some borrowers from debt incurred by spouses – sometimes abusive ones – and could lay a path toward loan forgiveness.

A nonprofit student loan group alleges that the Consumer Financial Protection Bureau has abandoned its duty to police widespread mismanagement of a loan forgiveness program for public service workers.

Consumer Agency Failed To Protect Student Loan Borrowers, Lawsuit Says

7:46pm November 25, 2019

by Chris Arnold

A nonprofit student loan group alleges that the Consumer Financial Protection Bureau has abandoned its duty to police widespread mismanagement of a loan forgiveness program for public service workers.

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Education Secretary Betsy DeVos convened a special committee to rewrite the borrower defense policy in June, saying the regulations are "overly burdensome and confusing" and need to be streamlined.

Education Dept. Considers Tougher Rules On Loan Forgiveness In Fraud Cases

5:54pm January 03, 2018

by Vanessa Romo

Student loan borrowers defrauded by colleges may soon find it harder to have their debts forgiven.

Teacher fighting her way to the top of a mountain of school chairs.

Teachers With Student Debt: These Are Their Stories

9:40am July 26, 2017

If you're a teacher, you have one of the lowest-paid professional jobs in the U.S. Most require a four-year degree, which can require tens of thousands of dollars in loans that some struggle to repay.

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An illustration depicting college graduates drowning in a mortarboard cap full of water.

Teachers, Lawyers And Others Worry About The Fate Of Student Debt Forgiveness

11:01am April 05, 2017

by Anya Kamenetz

Borrowers are "frightened," "anxious," "betrayed," at the suggestion that a federal student loan forgiveness program could be taken away.

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Early last month ITT Tech closed its doors on nearly 40,000 students before they could graduate. Where are they now?

Where Are The 40,000 Students ITT Tech Left Behind When It Closed?

5:27pm October 04, 2016

by Kirk Carapezza

Community and nonprofit colleges across the country are recruiting former ITT Tech students who face a tough decision: roll the dice on transferring credits, or lose them all for debt relief.