US appeals court blocks Biden-era student debt relief plan
A U.S. appeals court ruled on Tuesday that Democratic former President Joe Biden's administration lacked authority to pursue a student debt relief program designed to lower monthly payments for millions of borrowers and speed up loan forgiveness for some.
But many student loan borrowers are older Americans, and more have joined them in carrying debt. More than 3.5 million at or above the age of 60 hold student loan debt, collectively ...
Student loan debt can feel like it will take an eternity to pay off. The standard repayment plan offered for federal student loans is 10 years — and many other plans extend long beyond that.
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 ...
A new report from MissionSquare Research Institute finds student loan debt influences job acceptance decisions for 56% of public sector employees and 62% of private sector employees. The data also ...
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