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Joe Biden discusses foreign policy during a presidential campaign speech in New York on Jan. 7, 2020. The president on Sept. 9, 2021 announced sweeping new COVID-19 vaccine requirements, including a mandate for employers with more 100 workers that requires them to be vaccinated or test weekly for the virus.
Education

Some Americans Will Get Their Student Loans Canceled in February as Biden Accelerates New Plan

Republicans in Congress tried unsuccessfully to block the new repayment plan through legislation and a resolution last year. read more >

Biden Withholds $2M From Student Loan Servicers After Companies Bungled Billing Statements

The Education Department said Friday it will withhold payments from Aidvantage, EdFinancial and Nelnet for failing to meet their contractual obligations. The servicers failed to send timely statements to more than 750,000 borrowers in the first month of repayment, the agency said. read more >
Education / Retail / Tourism

The Pause on Student Loan Payments is Ending. Can Borrowers Find Room in Their Budgets?

Without cancellation, the Education Department predicts borrowers will fall behind on their loans at historic rates. Among the most vulnerable are those who finished college during the pandemic. read more >
Joe Biden discusses foreign policy during a presidential campaign speech in New York on Jan. 7, 2020. The president on Sept. 9, 2021 announced sweeping new COVID-19 vaccine requirements, including a mandate for employers with more 100 workers that requires them to be vaccinated or test weekly for the virus.
Banking & Finance / Education / Government & Politics

Student Loan Forgiveness Could Help More Than 40 Million

Fulfilling a campaign promise, President Biden is erasing $10,000 in federal student loan debt for those with incomes below $125,000 a year, or households that earn less than $250,000. read more >