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With official data of loan nonperformance (defaults and delinquencies) on federal student loans being kept hidden, the only ...
The Department of Education told BI that it hopes to clear the backlog of income-driven repayment applications "over the next ...
On May 5, Trump’s Education Department began collecting on defaulted student loans, which is the first time that’s happened ...
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Biden administration cancels $7.7 billion in student loan debt for 160,000 borrowersOn 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 ...
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 pursued ...
Of the nearly 43 million people who have student loan debt, only a little more than a third have made regular payments, ...
The Education Department announced Monday student loan collections will restart in May for loans in default, a move that ...
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 ...
KEY TAKEAWAYS During President Donald Trump's administration's first 100 days, it has moved forward with its goal to eliminate the Department of Education (DOE) and said student loan responsibilities ...
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