During his term, President Biden has canceled $144 billion in student debt. There were plans for more loans to be forgiven through the Saving on a Valuable Education, or SAVE proposal, but states are currently protesting parts of the plan. The good news is that some states will pay off st...
The Biden administration is facing pressure from Democrats to extend the payment pause through March 31, 2022. However, it's unclear whether the president will actually extend the forbearance period past the September deadline for the 43 million Americans with federal student loans. Here's what to...
With the passage of the American Recovery Act in March 2021, President Biden made all student loan forgiveness and discharge tax-free on the Federal level, regardless of loan type or program. This means all Federal loans (Direct, FFEL, or Perkins) and private loans discharged or forgiven befo...
If you have federal student loans, your monthly payments are on pause at least through September 30 thanks toPresident Joe Biden extended the loan payment suspension periodsoon after entering office. And while that can certainly provide some much-needed loan relief if a student loan borrower was ...
The U.S. Supreme Court on Monday agreed to take up a second challenge to the legality of President Joe Biden'sfederal student loan debt relief plan, putting borrowers on track to get clarityon the fate of the programby next summer. ...
Additionally, the Biden administration has room to speed up student loan cancellation for people who were already promised relief because they were cheated by their colleges, said Aaron Ament, an Education Department official for the Obama administration and president of t...
Also, the Biden administration has room to speed up student loan cancellation for people who were already promised relief because they were cheated by their colleges, said Aaron Ament, an Education Department official for the Obama administration and president of the...
The U.S. Supreme Court on Thursday said it will review the legality of President Joe Biden's federal student loan debt relief plan, putting borrowers on track to get clarity on the fate of the program by next summer. The program, which would grant up to either $10,000 or $20,000 in...
Only a small share of adults have student loan debt, but President Joe Biden and former President Donald Trump may still have to make it a key part of their platform while campaigning for the White House, a new Bankrate survey indicates. ...
Rules created when the Consolidated Appropriation Act of 2023 was signed into law by President Biden on December 29, 2022, can make saving for and living in retirement easier. You may want to consider potential opportunities to adjust your retirement savings and distribution plans and charitable giv...