NCLA has advocated against the SAVE plan since it was proposed in 2023, pointing out that it exceeds the Secretary of Education’s authority under the 1993 HEA amendments, which do not authorize ...

The Biden administration has forgiven another $1.2 billion in student loan debt for about 153,000 borrowers ... who can become eligible for loan cancellation if they switch to the SAVE plan.

Seven GOP-led states had filed suit against former President Joe Biden's SAVE student loan relief plan, arguing that debt cancellation should be addressed through legislation, and the judge agreed, ...

Adam Minsky is an attorney and writer focusing on student loans. At a press briefing, Rep. Maloney said, "We have an obligation to ensure men and women are relieved of the debt they incurred to ...

One of the major points in those proposed cuts is to end Biden-era student loan debt cancellation efforts. Protections from the student loan repayments pauses are set to end in 2025, and borrowers ...

and there's no reason why he shouldn't go all the way and cancel student debt for every federal borrower. At least, that's what New York Rep. Mondaire Jones thinks. Recent polling from Data for ...

The Biden administration plans to cancel $37 million in student loan debt for about 1,200 students who enrolled at the University of Phoenix from Sept. 21, 2012 to Dec. 31, 2014 and applied for ...

President Biden should use his executive authority to unilaterally cancel student debt for each borrower. And to ensure this crisis doesn't happen again, Congress must join President Biden in ...

Ashley Parks is an Associate Editor at Newsweek based in North Carolina. Her focus is on personal finance, particularly covering debt, banking and Gen Z money. Ashley joined Newsweek in 2024 after ...

WASHINGTON, UNITED STATES - FEBRUARY 28: A sign reading Cancel Student Debt is staged outside of the ... [+] Supreme Court of the United States in Washington, D.C., on Tuesday February 28 ...