Nearly $5 billion in additional student loan forgiveness approved
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.
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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.
The number of people seeking help on the platform to pay student loans has exploded over the last year, the crowdfunding site says.
Student loan borrowers facing problems with their servicer shouldn't have to repay their debt until the issues are resolved, 19 state attorneys general say.
As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
Michigan officials say the website will include tips, resources, and assistance to student loan borrowers.
Americans with student loan debt need to begin repaying their loans again after a hiatus of more than three years.
Scammers are seizing on "chaos and confusion" ahead of the resumption of student loan repayments, one expert warned.
Biden administration officials say the new federal program could cut monthly loan payments for 20 million people.
After a three-year hiatus, interest on student loans begins piling up again on Friday, with payments due in October.
Monthly loan payments may drop, based on a borrower's income.
Some borrowers who had enrolled in income-driven repayment plans will start getting their debt discharged this week.
Only one-third of borrowers are aware that loan repayments will restart in October, a new survey found.
Many graduates aren't earning enough to even pay down their interest, causing loans to snowball.
The new income-driven repayment plan could cut borrowers' monthly payments in half, while some could see their monthly payments go down to $0.
"We'll use every tool at our disposal to get you the student debt relief you need to reach your dreams," President Biden said.
President Joe Biden vetoed legislation Wednesday that would have repealed his plan to forgive student debt.
The debt ceiling deal includes a provision to end the pandemic-related federal student loan payment pause
Some education experts see the plan as a more powerful tool to make college affordable than the proposal to slash or eliminate student debt for 40 million Americans, which is before the Supreme Court.
The Biden administration had earlier extended a repayment pause while its student-debt relief program remains tied up in court.
This case was brought by two borrowers in Texas who have outstanding student loans.
A Biden administration program forgiving up to $20,000 in student loans remains hung up in court.
The extension, up to June 30, 2023, will give the courts time to decide the fate of student loan cancellation.
The Biden administration is moving forward with an overhaul of several student debt forgiveness programs, aiming to make it easier for borrowers to get relief if they are duped by their colleges or if they put in a decade of work as public servants.
Michigan Attorney General Dana Nessel is reminding Michiganders to be vigilant against scammers as you fill out your application for student loan debt relief.
President Biden announces new college-debt forgiveness site, calling it a "game changer for millions of Americans."
A weather system that spawned tornadoes in multiple states has resulted in a flood watch for Metro Detroit on Wednesday.
Officials say a large tornado south of Chicago downed trees and power lines and overwhelmed the 911 center with emergency calls.
Many communities in Southwest Michigan are still covered in debris after last week's severe weather and tornadoes, but now they brace for another storm overnight Tuesday into Wednesday.
Jalen Duren scored 26 points, Cade Cunningham had 21 points and 15 assists, and the Pistons hammered the Nets 138-100 on Tuesday night.
A Westland, Michigan, man accused of being involved in a multi-state drug trafficking ring has been sentenced to three years of probation, according to the U.S. Attorney's Office.
A weather system that spawned tornadoes in multiple states has resulted in a flood watch for Metro Detroit on Wednesday.
Dale Warner, a Michigan man accused of killing his wife, Dee Warner, was found guilty of second-degree murder and tampering with evidence on Tuesday, March 10.
The Pioneers will often practice or play games while fasting while observing the holiday, which runs through March 19.
Officials say a large tornado south of Chicago downed trees and power lines and overwhelmed the 911 center with emergency calls.
AAA says motorists are paying an average of $3.53 a gallon for regular unleaded gas in the United States.
AAA says motorists are paying an average of $3.53 a gallon for regular unleaded gas in the United States.
For the first time in 15 years, Stellantis is not issuing a profit-sharing distribution to UAW-represented employees.
Union Vice President Laura Dickerson confirmed that the worker, TJ Sabula, "has no discipline on his record."
Some General Motors employees are taken aback by this year's profit-sharing checks, with it being $4,000 less than the previous one.
While many assume a "harsh" winter, or this bone-chilling, sustained cold, is the enemy of asphalt, the real culprit is temperature fluctuation.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
A restaurant celebrating rock music in the era of the legendary band Kiss is set to open in Royal Oak.
Six Flags is selling off some of its North America amusement parks, including Michigan's Adventure in Muskegon.
Actor and filmmaker Bruce Campbell told fans that he is in treatment for cancer and will cancel some upcoming public appearances.
Faster Horses, a multi-day country music festival, will not return this summer to Michigan International Speedway.
Officials say a large tornado south of Chicago downed trees and power lines and overwhelmed the 911 center with emergency calls.
Wright State wins the Horizon League title with a late rally and holds off Detroit Mercy, 66-63.
A person with knowledge of the agreement says Detroit is adding running back Isiah Pacheco to replace David Montgomery after the Lions traded Jahmyr Gibbs' backup before free agency started.
Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
The Strategic Petroleum Reserve is designed to cushion disruptions to U.S. oil supplies during emergencies.
Michigan Medicine will drop thousands of Blue Cross Blue Shield members if a deal isn't reached.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Water testing has detected "low levels" of Legionella bacteria at two more Oakland County government buildings.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Henry Ford Health and Teamsters Local 332 remain locked in a labor dispute over a nurses' contract.
Jalen Duren scored 26 points, Cade Cunningham had 21 points and 15 assists, and the Pistons hammered the Nets 138-100 on Tuesday night.
Wright State wins the Horizon League title with a late rally and holds off Detroit Mercy, 66-63.
The Pioneers will often practice or play games while fasting while observing the holiday, which runs through March 19.
The Detroit Lions are losing another player, this time it's wide receiver Kalif Raymond, who is reportedly heading to the Chicago Bears.
A person with knowledge of the agreement says Detroit is adding running back Isiah Pacheco to replace David Montgomery after the Lions traded Jahmyr Gibbs' backup before free agency started.
Rose talks about a new TV series being filmed in Detroit called "South West High," which revolves around a fictional high school in the Motor City.
As Women's History Month kicks off, Donna Murray-Brown, the new president and CEO of Inforum, appears on Michigan Matters.
Penske, a business and racing legend, turns 89 on Feb. 20 and is celebrating his 60th year in racing during 2026.
Claressa Shields talks about giving back to the community and her efforts to increase equity for women in sports.
The roundtable discusses the impact of the high-profile game for advertisers, including Detroit-based Rocket and Redfin.
Defense Secretary Pete Hegseth called Tuesday one of the "most intense day" of strikes against Iran so far in the military action in the Middle East. In the meantime, the Pentagon says 140 U.S. service members have been wounded during the conflict. CBS News has this report.
Heavy storms spurred the threat of flooding for Metro Detroit. Dale Warner was found guilty of second-degree murder. Those headlines and other top stories are in our news brief.
A Flood Watch is in effect for southern parts of Southeast MI through early afternoon. Additional rounds of showers and storms are expected through the day and may produce heavy rainfall. Rain and possibly Temperatures rising to near Low 60's by noon, then falling to around 51 during the remainder of the day. South southwest wind 10 to 14 mph, with gusts as high as 24 mph. Quiet tomorrow, then accumulating snow is likely Friday morning and strong winds in excess of 40 mph are possible during the day Friday.
Much of Southeast Michigan is under a flood watch until 2 p.m. Wednesday in the aftermath of stormy weather overnight. Here's a look at the road conditions near Detroit Metro Airport about 6 a.m.
Many communities in Southwest Michigan are still covered in debris after last week's severe weather and tornadoes, but now they could be facing another setback with more potential severe weather coming their way on Tuesday night.