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Student Loan Subsidies Could Have Dangerous, Unintended Side Effects

The centerpiece of the student debt-relief plan that President Biden announced last month is his decision to cancel up to $20,000 per borrower in federal loans. But the more far-reaching […]




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Beware of Scammers Trying to Capitalize on Student Loan Forgiveness

Shady callers are acting quickly on President Biden’s announcement last week to cancel up to $20,000 in federal student debt for millions of borrowers. As Americans await more details about […]




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What You Need to Know About Biden’s Student Loan Forgiveness Plan

After making monthly payments for a set number of years — usually 20— any remaining balance is forgiven. (The balance is taxable as income, though a temporary tax rule exempts […]




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Some Colleges Don’t Produce Big Earners. Are They Worth It?

As the nation’s student debtors enter Month 20 of awaiting word on when or if President Biden will keep his promise to cancel some of their debt, many questions hang […]




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Corinthian Colleges Student Loans Will Be Forgiven, Education Dept. Says

They also uncovered an obscure clause in the law governing the loans: If borrowers were significantly misled by their school, they could ask the government to forgive their loans. Just […]







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7 Million Bad Student Loans With No Way Out, for Anyone

There are hidden costs, even when the government is able to collect the money.One of the department’s most successful — and draconian — collection mechanisms is the Treasury Offset Program, […]




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Will President Biden Forgive Student Loan Debt?

Justin Nelson’s letter, one of the thousands that arrived at the White House this month, said he was proud to vote for President Biden back in 2020. Now he had […]