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News Articles: Series: The Student Loan Restart

The SAVE plan is becoming a key vehicle for President Biden's student loan debt relief efforts. In a Friday press release, U.S. Education Secretary Miguel Cardona said, "The Biden-Harris Administration designed the SAVE Plan to put community college students and other low-balance borrowers on a faster track to debt forgiveness than ever before."

Tagged as: 

  • Education

Education Dept. fast-tracks forgiveness for borrowers with smaller student loans

In a surprise move, the Biden administration announced it is fast-tracking a change that will erase the debts of many federal student loan borrowers after just 10 years.

January 12, 2024
|
By:
  • Cory Turner

Tagged as: 

  • Education

COMIC: The year of student loans

Millions of Americans have begun paying off their federal student loans again. This is the return to repayment, in the voices of a handful of borrowers we met this year.

December 26, 2023
|
By:
  • Cory Turner and
  • LA Johnson

Tagged as: 

  • Education

Student loan forgiveness isn't dead yet, and other takeaways from 2023

What to make of all the student loan news this year? We have three takeaways, and a literary analogy (it's NPR afterall).

December 21, 2023
|
By:
  • Cory Turner
Kurt Panton, his wife, Lizzy, and their daughter, Pauline. His federal student loans have been canceled by a new Biden administration policy meant to remedy past failures with income-driven repayment plans.

Tagged as: 

  • Education

A story of student loan forgiveness, 20 years in the making

More than 900,000 federal student loan borrowers are seeing their loans erased after being in repayment for two decades or more.

December 20, 2023
|
By:
  • Cory Turner
Miguel Cardona, the U.S. Education Secretary, announced new efforts to help borrowers hurt by problems with its repayment programs.

Tagged as: 

  • Education

Government efforts to erase student loan debt have now reached 3.6 million borrowers

The Education Department said today that changes to a pair of previously troubled programs have recently led to $4.8 billion in loan relief for another 80,000 borrowers.

December 06, 2023
|
By:
  • Cory Turner
Education Secretary Miguel Cardona talks to reporters during the daily news conference in the Brady Press Briefing Room at the White House on June 30, 2023 in Washington, D.C.

Tagged as: 

  • Education

Education Department punishes student loan servicer for billing mistakes

The department is withholding payment from loan servicer MOHELA as 2.5 million borrowers didn't receive timely billing statements.

October 31, 2023
|
By:
  • Cory Turner

Tagged as: 

  • Education

Student loans for parents can be a debt trap. But there's a loophole

Until July 2025, parent PLUS borrowers can paperwork their way into a kinder, gentler repayment plan.

October 04, 2023
|
By:
  • Cory Turner

Tagged as: 

  • Education

What a shutdown would mean for student loan borrowers

October loan payments will still be due, but an extended shutdown could impact customer service.

September 30, 2023
|
By:
  • Cory Turner
Hunter College's class of 2023 gathered for their commencement ceremony on May 30 in New York City. Many of these graduates are due to make their first student loan payments in the coming weeks.

Tagged as: 

  • Education

How new borrowers can prepare for their first student loan payment

When student loan bills begin coming due in October, new borrowers will take their first steps on the long road to paying off their debt. These tools and tips can help ease the journey.

September 26, 2023
|
By:
  • Cory Turner and
  • Nicole Cohen

Tagged as: 

  • Education

Are you saving enough for college? Here's what to know

As the cost of college continues to rise, families have new questions about how to save up. For answers, we turned to Ron Lieber, author of The Price You Pay For College.

September 21, 2023
|
By:
  • Cory Turner
GPB News NPR

Tagged as: 

  • Education

Federal student loan borrowers prepare to resume repaying their loans

For more than three years, no one had to pay their federal student loans. Payments are due again in October, but some borrowers are seeing their debts eliminated.

September 20, 2023
|
By:
  • Michel Martin and
  • Cory Turner

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