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Justice Amy Coney Barrett, who is assigned to the Seventh Circuit Court of Appeals, was the one who received the emergency application brought by a Wisconsin taxpayers group.
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Six states, including Missouri and Kansas, are arguing that the Biden administration's debt relief plan harms entities that service the loans and treasuries that would benefit from taxes on forgiven debt.
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The Biden administration has quietly changed its guidance to disqualify borrowers who have privately-held FFEL and Perkins loans.
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In a letter to Biden, Republican governors say they support "making higher education more affordable" but don't want to "force American taxpayers to pay off the student loan debt of an elite few."
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President Biden announced a sweeping effort to forgive up to $20,000 of federal student loan debt for Pell Grant recipients, and up to $10,000 for other borrowers making under $125,000 a year.
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President Biden extended relief for federal student loan borrowers for an additional 90 days because borrowers are "still coping with the impacts of the pandemic." Payments now resume May 1.
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When it comes to the wealth gap, a college degree “doesn’t serve as an equalizer among Black and white families,” said Lowell Ricketts, a data scientist with the Federal Reserve Bank of St. Louis.
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About 300 students at Harris-Stowe University will not have to worry about some of the debt they took on to pay for school during the pandemic.
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Illinois Attorney General Lisa Madigan is suing student loan company Sallie Mae and its spin-off Navient for consumer fraud, alleging the companies misled…
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An increasing number of older Americans are having problems with student loan debt — so much so that their Social Security checks are being reduced…