student loans

45% of the graduating class of 2020 are still looking for jobs.

Talks of forgiving student debt continue as 45 million Americans get a student loan bill. Some programs already exist to relieve debt, but don’t have a widespread reach. Hear from Seth Frotman, executive director of the Student Borrower Protection Center.

Sen. Elizabeth Warren held a hearing Tuesday urging Biden to cancel student debt. And 415 organizations sent a letter pressuring the president to do the same.

Even as the oldest millennials turn 40 this year and approach middle age, student debt continues to follow them.

House and Senate Democrats have called for President Joe Biden to “broadly” forgive up to $50,000 of federal debt through executive order. 

Older millennials say debt from student loans has long-lasting consequences.

President Biden has asked Education Secretary Miguel Cardona to prepare a memo on the president’s legal authority to cancel up to $50,000 in student debt.

To provide relief to student loan borrowers during the COVID-19 emergency, federal student loan borrowers were automatically placed in forbearance, which allows you to temporarily stop making monthly loan payments. Consumer Reporter Susan Hogan reports this suspension of payments expires on Sept. 30, 2021.

To provide relief to student loan borrowers during the COVID-19 emergency, federal student loan borrowers were automatically placed in forbearance, which allows you to temporarily stop making monthly loan payments.

What many may not realize is the United States already has student debt forgiveness programs.

The Biden administration says students who were defrauded by their colleges and received only partial relief from their federal loans could now have them fully erased

The coronavirus relief bill made student debt forgiveness tax free, and Democrats say it will make it easier for Biden to cancel loans.

The $1.9 trillion stimulus package contains unemployment benefits, stimulus checks, rental assistance and more. How experts say you should use the aid.

Most people haven’t made a payment on their federal student loans in 12 months. Here’s what they’ve done instead.

Women hold roughly two-thirds of all student debt in the United States.

The stimulus bill working its way through Congress would end the policy of taxing borrowers’ forgiven student debt. That could save some people up to $10,000.

If you’re one of the millions of Americans financially struggling because of the pandemic, there’s more stimulus relief coming. How to best spend the aid.

While the bill does not itself include student debt forgiveness, the provision may be a sign that debt forgiveness is a serious priority on the horizon. 

The Office of Management and Budget say fees on federal student loans may automatically increase in the 2021 fiscal year because of mandatory sequestration. 

President Joe Biden continues to look for a way to fulfill a campaign promise – forgiving federal student loan debt up to $10,000. Nearly 45 million borrowers owe $1.71 trillion in federal student loans.