student loan debt

Student loan borrowers stage a rally in front of The White House on Aug. 25 to celebrate President Biden cancelling student debt. The plan has sparked heated debate, including about its economic fairness.

Is it fair to forgive student loans? Examining 3 of the arguments of a heated debate

5:01am August 28, 2022

by Scott Horsley

President Biden's plan to forgive hundreds of billions of dollars in student debt will help millions – but it's also raising concerns about inflation, economic fairness and college tuition costs.

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Students wait outside Everest College in Industry, Calif., in April, 2015, hoping to get their transcriptions and information on loan forgiveness and transferring credits to other schools.

U.S. will forgive $5.8 billion of loans to Corinthian Colleges students

10:09am June 02, 2022

by Ayana Archie

Students affected do not have to take any further action to secure their funds, and the Department of Education will begin notifying those students soon, the agency said.

Snap CEO Evan Spiegel and KORA Organics CEO Miranda Kerr attend a gala in Beverly Hills, Calif., on May 4. The couple surprised graduates of a Los Angeles art school by paying off their student debt.

Snap CEO Evan Spiegel and Miranda Kerr paid off art school graduates' student loans

2:41pm May 17, 2022

by Rachel Treisman

Spiegel and Kerr, who have been married since 2017, gave the commencement speech and got honorary degrees from Otis College of Art and Design. Then they surprised graduates with a gift of their own.

Education Secretary Betsy DeVos appears in Phoenix in October. On Friday, the Education Department announced an extension of pandemic relief measures for federal student loan borrowers.

Education Department Extends Student Loan Payment Freeze Through January

7:39pm December 04, 2020

by Elissa Nadworny

Congress hit pause on federal student loan payments in the CARES Act. The latest extension of this relief will last until after President-elect Joe Biden takes office.

President-elect Joe Biden delivers remarks Monday in Wilmington, Del.

Biden Wants To Help Pay Some Student Loans, But There's Pressure To Go Further

4:59pm November 17, 2020

by Anya Kamenetz

The president-elect called for immediate action to help borrowers who are "having to make choices between paying their student loan and paying the rent."

Education Secretary Betsy DeVos testifies on Capitol Hill in Washington, D.C., in December.

Education Dept. Unveils Fix For Student Loan Program's 'Bureaucratic Nightmare'

6:45pm January 31, 2020

by Cory Turner

In its first year, the forgiveness program turned away 71% of borrowers because of a paperwork technicality. Now, the department says it's fixing that roadblock.

Education Secretary Betsy DeVos faces a new lawsuit filed on Tuesday. It alleges the Dept. of Education has failed to comply with the Borrowers Defense rule, a student loan forgiveness program that would automatically cancel debt for borrowers whose schoo

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Betsy DeVos Sued For Failing To Implement Automatic Student Loan Forgiveness

7:45pm November 14, 2018

by Vanessa Romo

A new lawsuit claims tens of thousands of borrowers are still waiting for the Department of Education to erase their debt — about $250 million — as it was ordered to do last month.

New Findings On Loan Forgiveness; Puerto Rico Schools After Maria; DeVos Calls For Free-Speech

6:01am September 22, 2018

The Education Department offers new findings on student loan forgiveness; Enrollment in Puerto Rico's schools drops after Hurricane Maria; DeVos calls for more free and open speech on college campuses

Starting out your life when you're straddled with student debt.

Strategies For When You're Starting Out Saddled With Student Debt

6:32pm March 01, 2016

by Yuki Noguchi

More people have more student loan debt than ever; last year, the average for a college graduate was more than $35,000. Here are some ways to set priorities for attacking that debt.

States Review Laws Revoking Licenses For Student Loan Defaults

6:21pm April 08, 2015

by Eric Whitney

Montana could soon dial back laws that allowed defaulters to have their professional and driver's licenses revoked after failing to pay back debt.

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