7,400 student-loan borrowers hurt by a school's 'widespread misconduct' are getting $130 million in debt wiped out, Biden's Education Department says

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A group of college students in caps and gowns with yellow sashes facing towards a large white stage.

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Biden's Education Department just finalized a rule allowing states to protect student-loan borrowers from 'unfair and deceptive practices,' reversing the Trump administration's efforts

Tech Insider : Economy, Politics
US Education Secretary Miguel Cardona speaks during a roundtable discussion on reproductive rights with US Vice President Kamala Harris and college presidents, in the Eisenhower Executive Office Building, next to the White House, in Washington, DC, on August 8, 2022. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)
US Education Secretary Miguel Cardona.

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Student-loan borrowers could be waiting over a year for Biden to implement his new plan for broad debt relief

Tech Insider : Economy, Politics
Joe Biden and Miguel Cardona
President Joe Biden and Education Secretary Miguel Cardona.

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Student-loan companies are putting borrowers at 'heightened risk' of harm if they fail to prepare for payments to resume, 6 Democratic lawmakers say

Tech Insider : Economy, Politics
Massachusetts Sen. Elizabeth Warren
U.S. Sen. Elizabeth Warren (D-MA).

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It's a 'grave mistake' for Biden to resume student-loan payments without first giving borrowers debt relief, 179 advocacy groups say

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Supreme Courts Rules On Major LGBTQ Case And Strikes Down Biden's Student Loan Forgiveness Plan
JUNE 30: Student debt relief activists participate in a rally at the U.S. Supreme Court on June 30, 2023 in Washington, DC. In a 6-3 decision the Supreme Court stuck down the Biden administration’s student debt forgiveness program in Biden v. Nebraska.

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Student-loan borrowers might face even more hurdles resuming payments if Republicans end up passing their new proposal to cut funding for the Education Department

Tech Insider : Economy, Politics
President Joe Biden accompanied by Education Secretary Miguel Cardona as he announces new actions to protect student-loan borrowers in the Roosevelt Room at the White House in Washington, DC.
President Joe Biden accompanied by Education Secretary Miguel Cardona as he announces new actions to protect student-loan borrowers in the Roosevelt Room at the White House in Washington, DC.

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Biden's administration just kicked off the process to get student-loan forgiveness to millions of borrowers, vowing to 'work as quickly as possible under the law'

Tech Insider : Economy, Politics
Miguel Cardona and Joe Biden
President Joe Biden delivers remarks on the Supreme Court's decision on the Administration's student debt relief program in the Roosevelt Room of the White House on Friday, June 30, 2023.

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Student-loan payments are about to restart and 'exacerbate financial distress' for millions of borrowers, Elizabeth Warren says. Here are 6 steps she wants Biden to take to soften the blow.

Tech Insider : Economy, Politics
Sen. Elizabeth Warren
Sen. Elizabeth Warren (D-MA).

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Student-loan borrowers can tell Biden what they want from his new debt relief plan. Here's how.

Tech Insider : Economy, Politics
Joe Biden
President Joe Biden.

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Biden promised student-loan borrowers cheaper payments and more debt relief. The government might not have enough money for everyone to actually get those benefits.

Tech Insider : Economy, Politics
President Joe Biden speaks on the student-debt-relief plan in the South Court Auditorium at the Eisenhower Executive Office Building on October 17, 2022, in Washington, DC. Biden gave an update on the student-debt-relief-portal beta test.
President Joe Biden speaks on the student-debt-relief plan in the South Court Auditorium at the Eisenhower Executive Office Building on October 17, 2022, in Washington, DC.
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