Biden forgives $6 billion in student debt. Here's who qualifies.
About 78,000 people will receive an email from President Joe Biden telling them that their loans are canceled. Here's what to know.
Student Debt
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More student loan forgiveness: What to know
President Biden is forgiving another $1.2 billion in student loan debt, giving relief to 153,000 borrowers. Danielle Douglas-Gabriel, higher education reporter for the Washington Post, joined CBS News to discuss who qualifies.
How the new $1.2B student loan relief works
President Biden traveled to California on Wednesday where he spoke about his administration's latest student loan debt forgiveness plan. CBS News chief White House correspondent Nancy Cordes has the details.
Biden announces more student loan forgiveness
President Biden on Wednesday announced his administration is canceling $1.2 billion in student debt for 153,000 borrowers. Biden delivered remarks in Culver City, California.
153,000 student borrowers are getting $1.2 billion discharged. Here's who.
The Department of Education will automatically forgive student debt for borrowers who meet a few conditions. Here's who.
Fallout from court's student loan ruling
President Biden announced he intends to purse a new student loan forgiveness plan under the Higher Education Act after his original plan was overturned by the Supreme Court. Skyler Henry reports from Washington.
Biden says he is forgiving another $5 billion in student debt
President Biden said that of the borrowers who can get their loans forgiven, nearly 44,000 are teachers, nurses, firefighters and others who are eligible for forgiveness after working 10 years of public service.
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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More than 300,000 student borrowers given wrong repayment information
The issue impacts some borrowers in the SAVE repayment plan, the new income-driven repayment plan from the Biden administration.
Jobs soared beyond expectations this month
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Biden admin is forgiving $9 billion in student debt for 125,000 Americans
As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
How student loan restart could impact economy
Tens of millions of Americans are expected to resume paying student loans after a three-year pandemic-era pause. CBS News correspondent Carter Evans has more. Plus, Politico education reporter Michael Stratford explains how the Biden administration is attempting to ease the burden for borrowers.
Student loan payments resume for millions
Student loan payments resumed over the weekend following a pandemic-era pause that lasted more than three years. For millions, the payments will force them to make difficult cuts elsewhere as prices for gas and groceries remain high. Carter Evans reports.
How to spot student loan forgiveness scams
Scammers are targeting student loan borrowers as millions of Americans prepare to start repaying their debt in October following a three-and-a-half-year pause. CBS MoneyWatch associate managing editor Aimee Picchi provides some tips on how to spot a scam.
Student loan payments resuming next month
Student loan repayments are set to resume in October after being paused over three years ago at the start of the COVID-19 pandemic. Carter Evans takes a look at how the resumption will impact Americans.
Options for student loan borrowers after pause
Federal student loans will start accruing interest for the first time in three years on Friday. Student loan attorney Adam Minsky joins CBS News to help answer questions people may have about payments resuming.
800,000 borrowers are set to get their student loans forgiven
Some borrowers who had enrolled in income-driven repayment plans will start getting their debt discharged this week.
Biden's new student loan repayment plan is open. Here's how to enroll.
The new income-driven repayment plan could cut borrowers' monthly payments in half, while some could see their monthly payments go down to $0.
Biden to forgive $130 million in debt for CollegeAmerica students
Students enrolled in the for-profit school between 2006 and July 1, 2020, will get their debt automatically forgiven.
800,000 student borrowers to get $39 billion in debt forgiveness
The Education Department said it will begin notifying borrowers on Friday about the automatic discharge.
Another student loan forgiveness plan
The Biden administration is taking steps to forgive billions in student loan debt. It's doing so by making fixes to some repayment plans. The move will automatically forgive $39 billion of educational debt. This comes after the Supreme Court struck down another student debt forgiveness plan just weeks ago. CBS News reporter Natalie Brand has more.
How student loan debt plagues Black women
The Supreme Court's decision to strike down President Biden's planned student debt forgiveness program could have wide-ranging impacts on Black women. Consumer researcher Dr. Tanisha Watkins joined CBS News to discuss.
2024 candidates react to Supreme Court rulings
Republican presidential candidates praised recent Supreme Court rulings that struck down affirmative action in college admissions, blocked President Biden's student loan forgiveness plan and ruled in favor of a designer who didn't want to make websites for gay wedding couples. Mr. Biden vowed to find a new way to provide student debt relief. Skyler Henry reports.
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