student loan debt

Biden Offers New Debt Relief to Student Loan Borrowers
Biden Offers New Debt Relief to Student Loan Borrowers
April 08, 2024  |  Loans

The White House has unveiled its latest effort to offer relief to student loan borrowers. The plan, President Joe Biden announced Monday (April 8), targets borrowers who...

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Biden Cancels $5.6 Billion in Student Loans for Public Service Workers
Biden Cancels $5.6 Billion in Student Loans for Public Service Workers
March 21, 2024  |  Loans

The White House is canceling nearly $6 billion in student loans for public service workers. The cancellation, announced Thursday (March 21), applies to 78,000 teachers, nurses, firefighters and other...

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Biden Administration Brings Student Loan Debt Relief Total to $136.6 Billion
Biden Administration Brings Student Loan Debt Relief Total to $136.6 Billion
January 19, 2024  |  Loans

The Biden Administration has approved an additional $4.9 billion in student loan debt relief for 73,600 borrowers. This brings the total loan forgiveness approved by...

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Biden Erases $127 Billion in Student Debt Despite Court Ruling
Biden Erases $127 Billion in Student Debt Despite Court Ruling
November 12, 2023  |  Loans

The federal government has erased more than $127 billion in student loans since 2021. That debt forgiveness came from changes to existing programs, Bloomberg News...

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Student Loan Borrowers Face Incorrect Bills and Hours on Hold
Student Loan Borrowers Face Incorrect Bills and Hours on Hold
October 15, 2023  |  Loans

The resumption of student loan payments has challenged borrowers in more ways than one. As reported here, the return of loan payments following their COVID-fueled...

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NY Fed Says US Household Debt Higher, But Not A Risk
NY Fed Says US Household Debt Higher, But Not A Risk
April 04, 2019  |  Economy

A little over a decade ago, something nearly unprecedented happened in the American economy: household debt contracted instead of growing. After hitting a peak a...

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Lawmakers Mull Overhaul Of Student Debt System
Lawmakers Mull Overhaul Of Student Debt System
February 14, 2019  |  Regulation

A proposed law aims to completely overhaul the student loan system by having monthly bills automatically deducted from borrowers’ paychecks. According to CNBC, Senator Lamar...

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Student Loan Debt Hits $1.465 Trillion, Sets New Record
Student Loan Debt Hits $1.465 Trillion, Sets New Record
December 20, 2018  |  Debt

Student loan debt in the U.S. has set a new record, hitting $1.465 trillion in November, according to a new analysis by Bloomberg. According to...

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Millennials May Never Financially Recover From The Great Recession
Millennials May Never Financially Recover From The Great Recession
May 23, 2018  |  Debt

For all the press about how millennials are the future of commerce, there is one big and rather problematic roadblock in that narrative. Millennials are...

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