The Clock Is Running Out for Student Loan Forgiveness
With only months left in his term, Biden wants to forgive the loans of nearly eight million borrowers experiencing "hardship."
With only months left in his term, Biden wants to forgive the loans of nearly eight million borrowers experiencing "hardship."
The federal government furnishes a relatively tiny amount of K-12 funding—but the feds need relatively little money to exert power.
The financial aid form's rollout was disastrous, according to a new report from the Government Accountability Office.
A coalition of Republican-led states allege that Education Secretary Miguel Cardona has directed loan servicers to start forgiving student debt as soon as this week.
The ruling marks yet another defeat for Biden's loan forgiveness agenda.
If at first you don't succeed, try, try again.
The candidate supports gun rights, wants to privatize government programs, and would radically reduce the number of federal employees.
The SAVE plan would have dramatically reduced the amount borrowers were required to pay back before receiving forgiveness—and cost taxpayers almost $500 billion over the next decade.
A letter from higher education professionals warns that next year's FAFSA will likely face delays.
The new FAFSA form is like HealthCare.gov but for college students.
Several lawsuits are attempting to stop the SAVE program but with uncertain impact.
Instead of throwing money at the problem, the Education Department should commit to fixing the form for next year.
Total spending under Trump nearly doubled. New programs filled Washington with more bureaucrats.
Plus: A listener asks the editors about cancelling student loan debt.
Due to persistent glitches in the financial aid form, Gov. Jim Justice issued an executive order lifting the FAFSA requirement for several state grants.
The bill would allow the Education Department to effectively force colleges to suppress a wide range of protected speech.
The new rules allow students to be found guilty of assaulting a classmate without ever seeing the full evidence against them.
A recent case in the 4th Circuit Court of Appeals highlights just how bloated PSLF eligibility has become.
A shoddy effort to simplify the financial aid form led to errors affecting 30 percent of this year's FAFSA applications.
Instead of making the FAFSA form easier for families, persistent technical issues have imperiled vital financial aid information for millions of students.
The new plan is much less ambitious than the president's 2022 blanket forgiveness effort, mostly relying on an expansion of previous smaller-scale debt cancelation schemes.
A rushed attempt to simplify the financial aid form has led to persistent technical difficulties, frustrating families and colleges alike.
The updated FAFSA form has been marred with technical problems, leaving many students unable to complete the financial aid form entirely.
Biden claims that billions in loan forgiveness is "good for the economy," but his plans will end up costing taxpayers almost $500 billion.
This new wave of forgiveness shows how Biden can keep canceling student loans, even after his defeat at the Supreme Court last year.
The plan is the Biden administration's latest effort to enact large-scale student loan forgiveness.
Persistent technical difficulties have made completing the financial aid form nearly impossible for many applicants.
A new study sparks hope that the historic declines in students' reading and math performance following the pandemic may not be permanent.
Through changes to income-driven repayment plans, the Department of Education is set to enact debt relief for thousands of borrowers.
While the new version of the financial aid form was supposed to simplify the process, it has instead been riddled with technical problems and considerable delays.
Post-COVID educational declines are here to stay.
Since Congress won't cut spending, an independent commission may be the only way to rein in the debt.
Post-pandemic enrollment isn’t likely to rebound anytime soon.
Since its start in March 2020, the pause has cost taxpayers around $200 billion.
The injunction is the latest in a series of setbacks for the Biden administration's loan forgiveness agenda.
Biden's new income-driven repayment plan is estimated to cost taxpayers $360 billion over the next decade.
The spate of forgiveness reconciles administrative errors when carrying out changes to income-driven repayment plans.
Biden's proposed income-driven repayment plan could still cost taxpayers billions. And it will likely raise tuition too.
Unlike Democrats, Senate and House Republicans have released proposals that would actually tackle the root causes of increasing student loan debt.
At this rate, the Southern Poverty Law Center's notorious hate map might eventually describe everyone as an extremist.
A new working paper finds that borrowers whose loan payments were paused actually had more debt at the end of 2021 than those whose loans were never paused.
If the debt ceiling bill passes, the Education Department will be barred from extending the student loan repayment pause yet again.
The number surged during the pandemic.
The lawsuit claims that the pause has cost taxpayers "$160 billion and counting."
Unlike the Education Department's estimates, a CBO analysis considers how the new rules will encourage more students to take out loans they won't be able to pay back.