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Biden’s Backup for Student Loan Relief Likely to Take a Year

Negotiations over loan forgiveness will spotlight the Education Department’s complicated process to enact new rules—and are likely to frustrate borrowers in the process.

$39 Billion in Student Loan Relief for 804,000 People

The debt discharge is the result of an effort to give borrowers credit for more payments and rectify failings in the student loan system.

Higher Ed Groups ‘Appalled’ at House Budget Cuts

House Republicans proposed cutting money for Federal Work-Study and a childcare subsidy for parents in college. Those moves have left colleges worried about the impacts. NIH also would be cut.

President Biden Plans to Change How Students Pay for College

The restart of student loan repayment looms as the Biden administration readies to roll out a new way to help borrowers at risk of defaulting.