student debt relief
Student debt relief scams on the rise. Here’s what borrowers need to know.
Complaints about student debt relief scams are increasing as the date approaches for borrowers to restart payment on their student loans after more than a three-year pause. Consumer protection advocates say that the Biden administration’s student debt relief efforts, the subsequent halting of those policies by the courts, and the restart of student loan payments […]
“$20,000 is a lot of money.” Ohioans financially plan on student loan debt after SCOTUS ruling
Josh Dodge expects it will take him the rest of his life to pay off his student loans. The 45-year-old graduated with more than $80,000 of student loans after earning his bachelor’s and master’s in middle childhood education from Wright State University nearly a decade ago. “It’s a number that I always compare to ginormous […]
US Supreme Court rules against Biden administration student loan debt relief plan
WASHINGTON — The U.S. Supreme Court on Friday ruled that the Biden administration does not have the legal authority to enact a one-time student debt relief program, dealing a blow to the 40 million Americans who would have qualified. Last year, the Biden Administration rolled out a debt forgiveness plan for borrowers with federal student […]
U.S. Senate votes to block student loan relief, White House will veto
WASHINGTON — The U.S. Senate on Thursday voted to overturn the Biden administration’s one-time student debt relief plan that is on hold due to a pending Supreme Court decision. President Joe Biden has vowed to veto the resolution, but the 52-46 vote forced vulnerable Senate Democrats up for reelection in 2024 to take a public stance on […]
Biden student debt relief plan revoked in U.S. House vote
WASHINGTON — The U.S. House on Wednesday voted to overturn the Biden administration’s one-time student debt relief plan that is currently on hold awaiting a Supreme Court decision expected within weeks. Before the 218-203 vote on the resolution, the the White House said President Joe Biden would veto it, arguing that the U.S. Department of Education has […]
Biden student debt relief plan met with skepticism from U.S. Supreme Court conservatives
WASHINGTON — The majority conservative wing of the U.S. Supreme Court appeared skeptical Tuesday that the Biden administration had the authority to implement a federal student debt relief program that was estimated to potentially aid millions of borrowers. The conservative justices, who hold a 6-3 majority on the court, questioned whether the Department of Education […]
U.S. Supreme Court to review Biden student debt relief plan in February
WASHINGTON — The U.S. Supreme Court said Thursday it will hear oral arguments in February over a legal challenge by six Republican-led states to the Biden administration student borrower relief plan. Until the arguments are heard and the court issues a ruling, the $400 billion Biden plan is on hold due to a nationwide injunction ordered in the lawsuit by […]
Six GOP-led states win national injunction against Biden student debt relief plan
WASHINGTON — A federal appeals court on Monday issued a nationwide injunction indefinitely blocking the Biden administration’s student debt relief program in response to a challenge by six GOP-led states. The unanimous ruling by the 8th Circuit Court of Appeals in St. Louis came after the six states — Nebraska, Missouri, Arkansas, Iowa, Kansas and South Carolina […]
Biden student debt relief plan thrown out by Texas judge; new applications halted
WASHINGTON — Late Thursday a federal judge in Texas struck down the Biden administration’s student debt relief plan, ruling that the program is unlawful, in a blow to 16 million student debt borrowers already approved for relief. The U.S. Department of Education now is no longer accepting applications for the program, according to the student […]
Biden student debt forgiveness plan on temporary hold after appeals court ruling
WASHINGTON — A federal appeals court on Friday temporarily blocked the Biden administration from carrying out its student loan forgiveness plan, until the court makes a determination on a request for an injunction brought by six Republican-led states, according to multiple media reports. The 8th U.S. Circuit Court of Appeals is giving the Biden administration […]
The student debt relief application is live: Here’s what you need to know
WASHINGTON — President Joe Biden announced Monday that student loan borrowers can begin to apply for debt relief through a new online application. Biden said the application is easy and fast. It will allow every borrower with an income of $125,000 or less ($250,000 for married couples) to have up to $10,000 in debt forgiven, or $20,000 forgiven […]