student debt

The Biden administration has made another major move to tackle the student debt crisis, approving $4.28 billion in loan forgiveness for nearly 55,000 public service workers. This latest round of relief brings the total student loan forgiveness to a staggering $180 billion, benefiting nearly five...

The Supreme Court rejected a Biden administration plea Wednesday that sought to revive the Savings on a Valuable Education (SAVE) plan to tackle federal student loan debt. In a brief order, the court denied an emergency request filed by the administration that sought to lift a nationwide injunction...

President Joe Biden is canceling yet another round of student loan debt amounting to more than $7.4 billion. What Happened: Roughly another 277,000 borrowers, especially public sector workers, are expected to benefit from the revised plan. Among the changes that are a part of the SAVE (Saving on...

The Biden administration has announced the forgiveness of $1.2 billion in student loans, relieving more than 150,000 borrowers. What Happened: The forgiveness is part of a program introduced by President Joe Biden‘s administration in January, aimed at easing the burden on Americans who have...

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...

Student loan forgiveness has become a reality for the roughly 48 million Americans currently in debt. President Joe Biden said in a speech on Wednesday the student loan payment moratorium would be continued for one final time through Dec. 31. Americans who have loans owned by the...

A trillion-dollar black cloud of student debt hangs over multiple generations of Americans. Student debt is delaying marriages, major purchases, home ownership and general enjoyment of life for millions of people. There’s more student debt than even credit card debt. Something’s gotta...

From time to time, everyone has a purchase they would love to return to the store for a refund, but they can’t find the receipt. Keeping up with paperwork can be difficult sometimes, but most people wouldn’t have any trouble keeping a $5 billion receipt perfectly safe. One of the...

A day after the Federal Trade Commission began refunding students defrauded by DeVry University, attorneys general from 18 states and the District of Columbia raised further objections to widely-scrutinized for-profit colleges. The coalition announced Thursday a concentrated lawsuit against...

By Doug Sears The millennial workforce embodies a pioneering mindset, seeing entrepreneurship as an idealized career path, according to recent studies. While data suggests many millennials feel entrepreneurial and aspire to start their own businesses, few do. Business owners under age 30 are small...

Amazon.com, Inc. (NASDAQ: AMZN) and Wells Fargo & Co (NYSE: WFC) have ended their student loan partnership, just over a month after its announcement, according to a report on Bloomberg. Bloomberg cited Catherine Pulley, a Wells Fargo spokeswoman, as saying Wednesday that the "promotion for...

Former students of the now defunct Corinthian Colleges Inc (OTC: COCOQ) may heave a sigh of relief as the Obama administration has decided to forgive $171 million in debt owed by these students and students like them. Corinthian Colleges was liquidated in bankruptcy last year amid allegations that...

Going to college opens up a world of possibilities and provides graduates with opportunities for higher income. However, attending school in the U.S. isn't cheap, and many students must recur to hefty loans in order to cover their tuition. In fact, student loan debt already surpasses the $1...

One of the major issues in the 2016 presidential campaign is the quickly rising costs of earning a university degree. Student debt figures are staggering, and many are concerned that the bubble is about to burst as loan repayments are becoming more and more impossible for American graduates. One...

Whether or not you are a millennial or have one at home, you are probably aware of the current trend of housing oversized occupants in the proverbial parents’ nest. It has become such a common phenomenon that baby boomer’s children moving back in with their parents are endearingly...