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Tens of millions of borrowers have their federal student loan payments on pause right now, thanks to governmental efforts to keep them out of financial trouble during the pandemic. But as soon as Oct. 1, a switch will flip and most of those people will need to start the repayment...

Led by the Student Borrower Protection Center, 128 organizations, including the American Civil Liberties Union (ACLU) and Service Employees International Union (SEIU), sent a letter to Biden on Thursday urging him to extend the payment pause until the administration has followed through on its promises to fix the student-loan system...

On Thursday morning, more than 125 organizations also wrote to the president to extend the pause "until your administration has delivered on the promises you made to student loan borrowers to fix the broken student loan system and cancel federal student debt."

More than 125 organizations called on President Biden to fix the broken student loan system and deliver promised student debt relief before tens of millions of borrowers are forced to resume making payments. Due to an executive action taken on inauguration day, student loan payments, interest charges, and debt collection...

Millions of student loan borrowers could be at risk of having their child tax credit seized by the government. A generous expanded child tax credit was part of President Biden’s American Rescue Plan, the Covid-19 relief package that Congress enacted in the spring.

Unless the administration takes swift and decisive action, cash made available through one of “the most important tools that the nation has in its arsenal to fight poverty” will soon be denied to struggling student loan borrowers and instead intercepted by the Department of Education (ED).

More than 67,000 public servants are facing what could be years-long delays in getting the student debt relief promised to them through the Public Service Loan Forgiveness program. The cause boils down to what’s essentially the fine print on the program requirements.

The temporary pause on loan payments and accrual of interest, first instated at the beginning of the pandemic, provided a moment of much-needed relief. The moratorium was initially set to expire in March, but President Biden extended it to the end of September on one of his first days in...

As many as 6.6 million students nationwide can’t obtain their transcripts because they have unpaid bills to colleges or universities, the higher education consulting firm Ithaka S+R estimates. These balances can be as little as $25, though they are usually higher; the average at community colleges is $631 and at...

Using publicly available data, SBPC showed that some colleges have been encouraging students to take out “shadow debt” — which it defines as the loans and credit outside the traditional private student loan market — that is marked by high interest rates and excessive fees, according to the report.