While it's not instant forgiveness, the Saving on a Valuable Education plan does forgive debt, eventually. This month, the rules on the new program changed to make that forgiveness come a bit sooner, for some.
Now, student loan borrowers on the plan who borrowed less could see loan forgiveness in as little as 10 years, with no undergraduate borrowers waiting more than 20 Read More
The education secretary says many students who were defrauded by for-profit colleges don't deserve full relief from their loans. Department memos show career staff arguing the opposite. Continue Reading Betsy DeVos Overruled Read More
The Trump administration blocked the nation's top consumer protection agency from digging into problems with a program designed to help police, firefighters and other public service workers. Continue Reading Exclusive: Turf Read More
When a loan forgiveness program for public servants wasn't working, Congress created a temporary fix. Documents obtained by NPR show that the program didn't fix much. Continue Reading Congress Promised Student Borrowers A Read More
The billionaire founder of investment firm Vista Equity Partners made the surprise announcement in front of roughly 400 students while delivering the college's commencement address on Sunday. Continue Reading Read More
The Department of Education is expanding a fix to its troubled TEACH Grant program, giving millions of dollars of grant money back to public school teachers working in the country's neediest schools. Continue Reading Teachers Begin To See Unfair Student Read More
Ninety-nine percent of applications for Public Service Loan Forgiveness have been denied. A former student loan watchdog saw it coming. Continue Reading Why Public Service Loan Forgiveness Is So UnforgivingRead More
In a stern letter to the acting director of the Consumer Financial Protection Bureau, Mick Mulvaney, Senate Democrats demanded evidence that he is safeguarding student borrowers. Continue Reading Senators Demand Answers From CFPB Read More