Educational News

President Joe Biden Outlines New Plans to Deliver Student Debt Relief to Over 30 Million Americans Under the Biden-⁠Harris Administration

Today, Biden-Harris Administration leaders will fan out across the country as President Biden announces his Administration’s new plans to cancel student debt for tens of millions of Americans. The plans, if implemented, would provide debt relief to over 30 million…

Biden touts ‘fixed’ student loan forgiveness programs in State of the Union. Here’s what he meant

In his State of the Union address Thursday night, President Joe Biden talked up his administration’s work to forgive the student debt of nearly 4 million people. “When I was told I couldn’t universally just change the way in which we dealt with student…

Biden Will Try Again to Wipe Out Student Loan Debt for Millions of Borrowers

President Biden will announce a new effort on Monday to reduce or eliminate student loan debt for millions of borrowers, an election-year attempt to revive his goal of providing large-scale relief for Americans struggling to pay off their college loans,…

Biden cancels $1.2bn in student loan debt for 153,000 people

Move will forgive debts of people who borrowed $12,000 or less and have been repaying the money for at least 10 years. US President Joe Biden has said that his administration was cancelling $1.2bn worth of student loans for almost…

The Biden administration owes student debt relief to thousands. Many haven’t seen it yet.

On Black Friday, Jason Apley was shopping with his wife when he checked his bank account and noticed he had about $500 less to spend than last holiday season. Unlike many Americans with crushing student loan debt, the 44-year-old father…

Chase Freedom Student credit card review 2024

Editor’s Note: The Chase Freedom® Student credit card is no longer available to new applicants. Please see the issuer’s website for more information about available offers. Card details for The Chase Freedom® Student credit card have been collected independently by CNN Underscored Money…

US bankruptcy case counts expected to continue climbing in 2024: Report

US bankruptcy filings rose 18% in 2023 due to higher interest rates, tougher lending standards, and the continued end of pandemic-era support measures, according to data from bankruptcy data provider Epiq AACER. According to the data published on Wednesday, the total bankruptcy filings rose…

The 5 biggest student loan updates from 2023—and what’s coming in 2024

Whether it has been a good or bad year for student loan borrowers depends on who you ask.  While a large number of borrowers got life-changing emails this year saying their loans had been forgiven, plenty of others received bills in October…

Biden administration to forgive $4.8 billion in student loan debt for 80,300 borrowers

The Biden administration announced Wednesday that it would forgive an additional $4.8 billion in student loan debt, for 80,300 borrowers. The relief is a result of the U.S. Department of Education’s fixes to its income-driven repayment plans and Public Service Loan Forgiveness program. “Before…

CFPB Proposes New Federal Oversight of Big Tech Companies and Other Providers of Digital Wallets and Payment Apps

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer services like digital wallets and payment apps. Driven largely by Big Tech and other large technology firms, digital payment apps and wallets continue…