debt forgiveness

President Joe Biden on Tuesday announced the forgiveness of $130 million in student debt for 7,400 borrowers who attended the now-defunct CollegeAmerica, a for-profit college in Colorado. What Happened: The debt relief, which will be automatically applied to students who were...

The U.S. student loan market stands at a crucial juncture, where the prevailing post-COVID-19 calmness could either solidify as the new norm or be hit by a storm that could disrupt this debt category. Millions of American students are anxiously awaiting the upcoming ruling by the Supreme Court on...