Joe Biden Forgives $1.6 Billion Student Debt for Borrowers Who Attended the Art Institutes Amid Alleged Fraud

Joe Biden Forgives $1.6 Billion Student Debt for Borrowers Who Attended the Art Institutes Amid Alleged Fraud

The Biden administration is forgiving $6.1 billion in student debt for 317,000 people who attended The Art Institutes, closed last fall due to fraud. This move is part of Biden's strategy to address the nation's $1.7 trillion student debt.

Joe Biden Forgives Another $1.2 Billion Student Debt

President Joe Biden, on a fundraising trip to Los Angeles, is set to announce the cancellation of $1.2 billion in student loan debt for approximately 153,000 borrowers on Wednesday.
Joe Biden’s Student Loan Forgiveness: Are You Qualified for $10,000 Handout?

Joe Biden’s Student Loan Forgiveness: Are You Qualified for $10,000 Handout?

President Joe Biden announced that he would forgive the student loans of more than a million American borrowers in the country.
Education Department Cancels Student Loan Debt for Over 40,000 With Disabilities

Education Department Cancels Student Loan Debt for Over 40,000 With Disabilities

Department of Education Secretary Miguel Cardona announced on Monday the relief measures for borrowers with total and permanent disabilities.
Biden Administration Weighs in on Using Executive Action To Provide Student Debt Relief

Biden Administration Weighs in on Using Executive Action To Provide Student Debt Relief

The Biden administration is looking into the steps it can take to provide student debt relief through executive action, White House Press Secretary Jen Psaki said Thursday.

Bankruptcy Lawyer on Reddit's AMA Says 'Student Loans Are Killing Millenials'; Cold Advice on Pitfalls and Best Practices

More and more students are fighting off increasingly potent college loans, but there are still some people out there willing to help.

Student Loan Forgiveness Program to Start New Year's Eve in New York

Starting New Year's Eve, New York will allow recent college students to apply for debt relief.

Latino Congressman: Hispanic Heritage Month a Perfect Backdrop For GOP Debate

For one Latino congressman, Hispanic Heritage Month provides a perfect backdrop for the second Republican presidential debate.

Student Loan Debtors Must Choose Between Rent and Repayment, Obama Offers Additional Relief

Fresh out of college and new to New York City, young people arrive with the expectation of "Sex in the City" and "Glee"-style adventures, guided solely by the hot lights of the city and a sense of whimsy. Instead, they are confronted with the high cost of NYC's living and unshakable college student loan debt, which often forces them to pit financial obligations against one another.

Executive Compensation at Universities and Student Loan Debt on the Rise

Executive compensation at top-tier public research universities increased 14 percent, between 2009 and 2012, and increased by a third for presidents, equaling a bump to nearly $1,000,000 in annual compensation. The ballooning of salaries for presidents at the top 25 highest-paid public-research university has coincided with student debt growth and faculty disenfranchisement for the last number of years.
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