Stories tagged: "student loans"

Cancel Student Debt During COVID-19? It Could Happen.

Student debt cancellation has grown in both popularity and political viability over the past year, and particularly so amid the coronavirus crisis.

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Trump Waives Interest on Federal Student Loans During Coronavirus Outbreak

The move will affect most borrowers—an estimated 92% of student loans are owned by the U.S. Department of Education.

Student loan borrowers gain victory in Senate
Senate Votes to Stop DeVos From Further Hurting Defrauded Students

“She made it extremely difficult for these students to get any relief. These schools take the money and run, and the students end up holding the bag with massive debts."

Graphic via Tania Lili for Courier
Trump’s Proposed Budget Would Gut Student Loan Funding By $170 Billion

The proposal aims to eliminate the Public Service Loan Forgiveness program, end subsidized loans for low-income students, and make changes to income-driven repayment plans.

1 in 4 student loan borrowers default within 5 years, study finds

“The problem is that these plans are difficult to enroll in and remain in, which means that for those really looking for this relief, the system is not meeting that need."