Stories tagged: "student loan debt"


US President Joe Biden announces student loan relief with Education Secretary Miguel Cardona (R) on August 24, 2022 in the Roosevelt Room of the White House in Washington, DC. - Biden announced that most US university graduates still trying to pay off student loans will get $10,000 of relief to address a decades-old headache of massive educational debt across the country. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)
Biden Administration Makes It Easier to Discharge Student Loan Debt Through Bankruptcy

Prior to this move, student loan debt—unlike credit card bills, medical bills, and most other forms of debt—was not eligible to be automatically wiped away when a person filed for bankruptcy.

WASHINGTON, DC - AUGUST 25: Student loan borrowers stage a rally in front of The White House to celebrate President Biden cancelling student debt and to begin the fight to cancel any remaining debt on August 25, 2022 in Washington, DC. (Photo by Paul Morigi/Getty Images for We the 45m)
Here’s Where the Biden Administration’s Student Loan Relief Plan Stands

In the past week, two separate courts controlled by conservative judges have ruled against the Biden administration’s plan to cancel tens of thousands of dollars in federal student loan debt for millions of borrowers, putting that relief in jeopardy. 

Lisa Scheller (AP Photo/Jacqueline Larma, File)
Scheller Comes Out Against $10,000 Student Loan Cancellation After Taking Over $5 Million in Forgiven PPP Loans

If Scheller, who is running against incumbent Susan Wild for US House, wants to claim that $10,000 in student loan relief is a bad idea and that students should pay back every cent they borrow, that is certainly her right. But doing so after taking $5 million in government loans she will never pay back isn’t likely to sit well with Pennsylvania voters.

Carnegie Mellon University in Pittsburgh (Shutterstock)
Biden Cancels Student Loan Debt, Extends Repayment Pause, Announces Reforms for Future Repayments

Biden’s executive order will cancel $10,000 in debt for anyone who went to college and earns less than $125,000; $20,000 for borrowers who also received Pell Grants and meet the income threshold; and dramatically reduces monthly payments for low- and middle-income borrowers moving forward.

(Shutterstock)
Six in 10 Voters Support Extending Pause on Student Loans and Canceling At Least $10,000 in Loans

Voters under 45 support student debt cancelation in overwhelming numbers, and new polling from Courier Newsroom and Data for Progress shows canceling some amount of federal student loan debt could be a political winner for President Joe Biden.

Public Service Loan Forgiveness Program
Biden Extends Freeze on Student Loan Payments Through Aug. 31

Borrowers have four more months until federal student loan debt payments resume. Democratic lawmakers in Pennsylvania are among those nationally calling for the president to do more.

Nurse Filestock
Deadline Approaching for PA Nurses to Apply for Student Loan Relief

Gov. Wolf is pressing to get more student loan debt relief to Pennsylvania nurses. The deadline to apply for an existing $20 million program is March 1.