Student Debt

Debate Over Student Loan Forgiveness Hinges On 2 Numbers: $10,000 Vs. $50,000

Elissa Nadworny

The Biden administration is trying to figure out how much student debt to forgive and how to go about doing it — through executive action or legislation.

President Biden Will Extend Student Loan Payment Freeze Through September 30

Elissa Nadworny

President Joe Biden plans to ask the Education Department to extend pandemic relief for about 41 million federal student loan borrowers through September 30th.

Elizabeth Warren says if elected president, she would use a little-known provision that allows the U.S. education secretary to erase student loan debt without going to Congress.

Canceling Student Debt Is Easier Than It Sounds

Cory Turner

A little-known provision allows the U.S. education secretary to erase student loan debt without going to Congress. Elizabeth Warren says if elected president she would put that provision to use.

Sen. Bernie Sanders, I-Vt., and Sen. Elizabeth Warren, D-Mass., are proposing to forgive student debt for most Americans. They greet each other at a Democratic primary debate in July.

Forgiving Student Debt Would Boost Economy, Economists Say

Chris Arnold

Democratic presidential candidates want to obliterate student debt. Economists say that could help with income inequality, but it would come with a big price tag and risks.

Nearly two-dozen U.S. senators are calling on Kathleen Kraninger, director of the Consumer Financial Protection Bureau, to investigate a loan servicer called the Pennsylvania Higher Education Assistance Agency.

23 Senators Demand Investigation Into Mismanagement Of Student Loan Program

Avie Schneider

The senators are calling on the nation's top consumer protection agency to investigate a loan servicer for the troubled student loan forgiveness program for public service workers.

College Costs In The Sunshine Economy

Tom Hudson

"If you're a full time student, about $2,400 a year.""Roughly, $3,400 a semester.""All in, it's about $50,000."That’s just the range of tuition across…

Student Debt Forgiveness Sounds Good. What Might Happen If The Government Did It?

Clare Lombardo

It could boost the economy, but experts say that not all plans to wipe out student debt increase racial and economic equity.

Robert Smith Pledges To Pay Off Student Loans For Morehouse College's Class Of 2019

Shannon Van Sant

The billionaire founder of investment firm Vista Equity Partners made the surprise announcement in front of about 400 students while delivering the college's commencement address on Sunday.

Study: Many South Florida Millennials Can't Afford To Buy A House

A lot of South Florida millennials can’t afford to buy a home, according to a study by ApartmentList.com. About 40 percent of potential millennial…

Under Education Secretary Betsy DeVos, the department took a series of steps to try to delay borrower defense from going into effect.

Defeated In Court, Education Dept. To Cancel $150 Million Of Student Loan Debt

Anya Kamenetz

The money goes back to borrowers whose colleges shut down, in many cases because of fraud and mismanagement.

Office of Management and Budget Director Mick Mulvaney testifies before a House Appropriations Committee hearing on Capitol Hill in Washington. Mulvaney took over the CFPB as acting director in late November.

Student Loan Watchdog Quits, Says Trump Administration 'Turned Its Back' On Borrowers

Cory Turner

The nation's student loan watchdog has resigned from the Consumer Financial Protection Bureau, arguing that its current leadership has undermined efforts to protect student borrowers.

The New York University Langone Medical Center is seen in midtown Manhattan in 2015. The university's school of medicine says it will make tuition free for all students.

NYU Medical School Plans Free Tuition For Those Studying To Be Doctors

James Doubek

New York University said the move was to address the high cost of entering a career in medicine. Most med students graduate in debt, which can often top $200,000.