Student Aid Policy

Forgiven debt will be taxed in Arkansas, California, Indiana, Minnesota, Mississippi, North Carolina and Wisconsin unless lawmakers in those states change the laws.

Republicans say Biden’s student debt-relief plan is illegal, but they are struggling to find a plaintiff with standing to make a case against the president’s use of executive authority.

The reality is college doesn’t pay off for many graduates—and until we’re more transparent about that, the student loan crisis will be a recurrent one, Chris Keaveney writes.

The president announced a plan expected to impact 95 percent of the 43 million federal student loan borrowers. Democrats call the announcement a win for low- and middle-income Americans. Republicans question its legality.

Biden’s student loan forgiveness, while welcome, barely scratches the surface of what’s needed to address higher education affordability and access, Jamie Merisotis writes.

President forgives $10,000 for everyone whose income doesn’t exceed $125,000, and $20,000 for Pell Grant recipients.

President Biden is expected to cancel $10,000 of federal student loan debt per borrower, and extend the pause on loan payments. Loan servicers say they’ve been left in the dark and warn of a big mess that could trigger confusion among borrowers.

The deadline to submit public comment on the Education Department’s proposed changes to “targeted” student debt relief programs has arrived. Democrats celebrated the proposal, while Republicans claimed executive overreach.