Stories tagged: "student loan debt"


US President Joe Biden announces student loan relief with Education Secretary Miguel Cardona (R) on August 24, 2022 in the Roosevelt Room of the White House in Washington, DC. - Biden announced that most US university graduates still trying to pay off student loans will get $10,000 of relief to address a decades-old headache of massive educational debt across the country. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)
Biden Administration Makes It Easier to Discharge Student Loan Debt Through Bankruptcy

Prior to this move, student loan debt—unlike credit card bills, medical bills, and most other forms of debt—was not eligible to be automatically wiped away when a person filed for bankruptcy.

WASHINGTON, DC - AUGUST 25: Student loan borrowers stage a rally in front of The White House to celebrate President Biden cancelling student debt and to begin the fight to cancel any remaining debt on August 25, 2022 in Washington, DC. (Photo by Paul Morigi/Getty Images for We the 45m)
Here’s Where the Biden Administration’s Student Loan Relief Plan Stands

In the past week, two separate courts controlled by conservative judges have ruled against the Biden administration’s plan to cancel tens of thousands of dollars in federal student loan debt for millions of borrowers, putting that relief in jeopardy. 

Photo by Joshua Lott/Getty Images
Biden Cancels Student Loan Debt: Here’s What You Need to Know.

Biden’s executive order will cancel $10,000 in debt for anyone who went to college and earns less than $125,000—$20,000 for Pell Grant recipients.

FILE - In this July 8, 2014 file photo, a woman walks past the Everest Institute in Silver Spring, Md. A California mother of two and a former student of the now-defunct Corinthian Colleges filed a federal class-action lawsuit Thursday, July 14, 2016, seeking damages and an end to daily collection calls over private loans she received to attend the for-profit school.  (AP Photo/Jose Luis Magana, File)
College Debt Relief Plan Could Mean $111.9 Million for 10,000 in Arizona

More than 10,000 Arizonans could see $111.9 million in federal student loan debt erased as part of a $5.8 billion loan discharge announced this week.

Education Student Loans
White House To Extend Student Loan Pause Through August 31

Borrowers will not be asked to make payments until after Aug. 31, and interest rates are expected to remain at 0% during that period.

graduation cap over hundred dollar bills
How the White House Could Wipe Out Federal Student Loan Debt

White House Chief of Staff Ron Klain hinted that President Joe Biden may soon take action on the nation's $1.7 trillion in student loan debt.

Photo by Luis Alvarez/Getty Images
Poll: Young Arizonans Care About the Economy, Disapprove of Both Republicans and Democrats

Millennials and Gen Z-age voters make up nearly half of Arizona’s electorate: nearly 22% of registered voters are 29 years old or younger, and 23% are between the ages of 30 and 44.