Biden is forgiving $7.7 billion in student debt. Here's who qualifies.
The Biden administration says it has now wiped away $167 billion of student loans for 4.75 million people, or 1 in every 10 borrowers.
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The Biden administration says it has now wiped away $167 billion of student loans for 4.75 million people, or 1 in every 10 borrowers.
The Biden administration said it's erasing debt for people who attended the for-profit Art Institutes, which shut down in September.
About 78,000 people will receive an email from President Joe Biden telling them that their loans are canceled. Here's what to know.
The Department of Education will automatically forgive student debt for borrowers who meet a few conditions. Here's who.
This latest $4.8 billion in relief brings the grand total of approved debt cancellation by the administration to $132 billion for over 3.6 million Americans.
Experts say it's possible to save for retirement and continue to pay down student debt.
WBZ TV's Courtney Cole reports.
Attorney General Andrea Campbell and Boston Mayor Michelle Wu hosted a clinic Monday to help federal student loan borrowers access a time-limited opportunity to get closer to Public Service Loan Forgiveness.
The Greater Boston Food Bank is seeing an unprecedented need for help.
More Massachusetts residents are facing food insecurity and with relief for federal student loans coming to an end, the Greater Boston Food Bank is seeing more people in need of their services.
As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
If you have student loans, next month you'll have to make your first payment since 2020. But your interest is already accruing again as of September 1.
Some borrowers who had enrolled in income-driven repayment plans will start getting their debt discharged this week.
The Education Department said it will begin notifying borrowers on Friday about the automatic discharge.
The Department of Education announced Friday that it would right the wrong for more than 800,000 people by honoring their earned student loan forgiveness.
WBZ TV's Brandon Truitt reports.
Borrowers are now facing double whammy after high court rules against Biden administration's student loan forgiveness program.
Some recent grads have never made payments and experts say that is going to mean a big adjustment to their monthly budget. WBZ-TV’s Courtney Cole reports.
The proposal comes as the Biden administration's plan to forgive up to $20,000 in student debt remains in limbo.
With the possibility of getting up to $20K forgiven tied up in the courts, experts list some steps borrowers can take.
With Biden's ambitious program now in limbo, borrowers should prepare to repay their loans starting in January, experts warn.
WBZ TV's Liam Martin reports.
Other students said that while Biden's plan is a drop in the bucket, anything helps.
WBZ-TV's Tiffany Chan reports.
More than 40 million Americans may qualify, with income the main factor that determines who qualifies for relief.
