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Tag: student loan debt

WASHINGTON, DC - JANUARY 20: U.S. President Donald Trump holds up an executive order after signing it during an indoor inauguration parade at Capital One Arena on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States. (Photo by Anna Moneymaker/Getty Images)

Trump Orders The SBA To Handle Federal Student Loans, Delegates ‘Special Needs’ To HHS

President Donald Trump announced on Friday that the Small Business Administration (SBA) will “immediately” take over the handling of all federal student loans, as opposed to the U.S. Department of Education.

Read More Trump Orders The SBA To Handle Federal Student Loans, Delegates ‘Special Needs’ To HHS
A Student debt relief activist participates in a student debt rally at the U.S. Supreme Court on June 30, 2023 in Washington, DC. In a 6-3 decision the Supreme Court stuck down the Biden administration’s student debt forgiveness program in Biden v. Nebraska. (Photo by Kevin Dietsch/Getty Images)

Supreme Court Rejects Biden Admin’s Latest Student Loan Debt Cancellation Plan 

The Supreme Court has declined to reinstate the Biden Administration’s latest announced plan to cancel student loan debt.

Read More Supreme Court Rejects Biden Admin’s Latest Student Loan Debt Cancellation Plan 
US President Joe Biden speaks during the 115th National Association for the Advancement of Colored People (NAACP) National Convention in in Las Vegas, Nevada, on July 16, 2024. (Photo by Kent Nishimura / AFP) (Photo by KENT NISHIMURA/AFP via Getty Images)

Biden Admin Announces Forgiveness Of Another ‘$1.2B In Student Loans’ After Calls For Joe To Step Down

Through the Public Service Loan Forgiveness program, the Biden administration said on Thursday that it would be forgiving an additional $1.2 billion in student loan debt, covering around 35,000 other people.

Read More Biden Admin Announces Forgiveness Of Another ‘$1.2B In Student Loans’ After Calls For Joe To Step Down
US President Joe Biden speaks about the US Supreme Court's decision overruling student debt forgiveness, in the Roosevelt Room of the White House in Washington, DC, on June 30, 2023. The court said Biden had overstepped his powers in cancelling more than $400 billion in debt, in an effort to alleviate the financial burden of education that hangs over many Americans decades after they finished their studies. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

Biden pursues new measures for student loan relief after Supreme Court snub

President Joe Biden unveiled additional steps on Friday to help Americans with their student loans and criticized the United States Supreme Court for rejecting a program that was aimed at delivering up to $20,000 of relief to millions of borrowers struggling with outstanding debt in a 6-7 vote.

Read More Biden pursues new measures for student loan relief after Supreme Court snub
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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