The Department of Education announced the freeze on student loan payments, interest, and collections will continue through Aug. 31, 2022. The Department said this pause will allow borrowers to make an easier transition back into repayment, an indication that at some point the pause may expire. Until then, the extra time is being advertised as…

On the same day former President Barack Obama made his first trip to the White House since leaving office, news came out that the Biden administration is planning to extend its student loan repayment moratorium until Aug. 31. The extension, first reported Tuesday by Bloomberg, has not been officially announced by the administration. Student loan…

One way to assess President Biden’s first year in office is looking back at expectations. Given mine were pretty low for Joe – and considering the alternative – he did okay. He put four major accomplishments on the board, but the real test for him lies ahead in the next three years. Let’s start with…

The White House announced Wednesday President Joe Biden is extending the nation’s student loan payment moratorium by 90 days. The video above shows White House Press Secretary Jen Psaki making the announcement at her daily briefing. The moratorium was set to expire on Jan. 31. It’s now expected to end on May 1. During this…

In the same week that the Biden administration signaled student loan payments would resume for 41 million Americans in February, negotiations also faltered for payments to migrants separated at the U.S.-Mexico border. The American Civil Liberties Union, which represents families in the litigation over the migrant policy, announced the development Thursday and said the group…

Gwen’s picks for Thursday, August 19 include: One man arrested after making a bomb threat outside the Library of Congress. President Biden says American troops could stay past August 31 deadline in Afghanistan, following Taliban takeover. The US to erase student loan debt for Americans with severe disabilities. View Shannon’s story here. 

People with total and permanent disabilities are about to get a break when it comes to student loans. The U.S. Department of Education announced Thursday more than 323,000 people who have what is known as a “total and permanent disability” will have their student loan debt wiped out. “Today’s action removes a major barrier that…

 (AP)  The Biden administration announced Thursday it will automatically erase student loan debt for more than 300,000 Americans with severe disabilities that leave them unable to earn significant incomes. The move will wipe out more than $5.8 billion in debt, according to the Education Department, and it marks the start of a broader overhaul of…

As Connecticut State Colleges and Universities announce $17 million in student debt forgiveness using federal grant money, millions of people nationwide are still burdened by their loans. Several Democrats propose wiping out all outstanding federal student loans, with taxpayers footing the bill. However, many are opposed to the idea, saying it’s unreasonable and, ultimately, unfair.