On Wednesday, the Biden administration announced the cancellation of an additional $7.7 billion in student loans for 160,000 Americans, continuing its efforts to alleviate the rising college debt ...

Of the nearly 43 million people who have student loan debt, only a little more than a third have made regular payments, ...

Earlier this summer, millions of federal student loan borrowers got ... Joe Biden's second effort to cancel student debt for ...

The most drastic change is not just to collection enforcement, but to the entire structure of the federal student loan system ...

Joe Biden spent much of his presidency trying to change how student loan debt works; but nothing much changed. Biden promised a student loan forgiveness plan during his 2020 campaign, following a ...

The Biden administration, on the other hand, was marked by a significant—and ultimately failed—effort to reshape federal student loan policy. The most well-known plan in this effort was Biden ...

It also blamed the Biden administration for keeping borrowers in a “confusing limbo.” For Biden, canceling student loans was a campaign promise and one of the most aggressive policies he ...

Education Secretary Linda McMahon criticized the Biden administration’s student loan policies and said in the statement, “the executive branch does not have the constitutional authority to ...

Biden has been under pressure to fulfill his promises on student debt relief even though his original plan was overturned by the conservative majority on the Supreme Court. President Joe Biden ...

Still, by December, the Department of Education announced the administration had successfully cancelled a total of nearly $180 billion in student loans ... Biden administration said it was able to ...

A new debt bill passed by Congress removed any hope that the Biden administration would extend the pause again if the Supreme Court strikes down the White House's student loan cancellation.