students in class

What’s Happening to Student Loan Forgiveness?

Trina Pau Associate Reporter When the Biden administration announced its student loan forgiveness plan in August, it was an unprecedented move to help alleviate the $1.6 trillion worth of debt that borrowers hold. However, the forgiveness plan now faces multiple legal challenges and leaves borrowers wondering what will happen next. In the past two months, student loan forgiveness…

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Student Loan Debt for Borrowers Ages 50 to 61 Reveals Unique Financial Strains for Gen X

By Elizabeth Guevara Full Bio Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Learn about our editorial policies  Published May 15, 2026 How to Reach Financial Freedom: 12 Habits to Get You ThereClose KEY TAKEAWAYS Get personalized, AI-powered answers…

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Understanding Financial Aid for College: A Guide

By Sarah Wood Sarah Wood edits content for Consumer Advice-Education and covers financial aid, student debt, tuition and many other topics related to secondary and postsecondary education. She also edits and manages The Bottom Line, a free newsletter that provides advice to prospective MBA students. Many families are shocked by a college’s sticker price. While the cost of…

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Shocking $108bn impact student loan cancelations could have on economy as Trump unveils debt relief plan

It could be life-changing for people with student loan debt Ellie Kemp Follow us on Google Discover As Donald Trump’s debt relief plan comes into action, a report has suggested that wiping student loan debt could massively boost the US economy. Millions of borrowers are due to have their debt forgiven as President Trump’s administration moves to…

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Trump orders denial of student loan relief for nonprofit workers engaged in ‘improper’ activity

By —Collin Binkley, Associated Press WASHINGTON (AP) — President Donald Trump is ordering changes to the Public Service Loan Forgiveness program that would disqualify workers of nonprofit groups deemed to have engaged in “improper” activities. An executive order signed Friday directs the Education Department to modify the program to deny loan relief to some borrowers. It would…

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New bill would make student loan forgiveness easier for teachers

Story by Suzanne Blake A new bill introduced in Congress aims to make it significantly easier for teachers to qualify for student loan forgiveness. The Teacher Debt Relief Act, introduced by Democratic U.S. Representative Jahana Hayes of Connecticut, seeks to streamline existing forgiveness programs so teachers can access debt relief sooner without having to navigate conflicting rules….

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