Here's what to know about Trump and the future of student loan relief
President-elect Donald Trump has called the Biden administration's student loan relief efforts a "total catastrophe."
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President-elect Donald Trump has called the Biden administration's student loan relief efforts a "total catastrophe."
The 12-month grace period for student loan borrowers ended Sept. 30. The "on-ramp" period helped borrowers struggling to make payments avoid the risk of defaulting and hurting their credit score.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
This round of Biden's student loan forgiveness proposals targets the interest that adds up over time on student loans.
Borrowers who took out $12,000 or less in loans and have been in repayment for at least 10 years could get their debt erased.
This latest $4.8 billion in relief brings the grand total of approved debt cancellation by the administration to $132 billion for over 3.6 million Americans.
The number of people seeking help on the platform to pay student loans has exploded over the last year, the crowdfunding site says.
As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
Student loan borrowers facing problems with their servicer shouldn't have to repay their debt until the issues are resolved, 19 state attorneys general say.
Michigan officials say the website will include tips, resources, and assistance to student loan borrowers.
Americans with student loan debt need to begin repaying their loans again after a hiatus of more than three years.
Scammers are seizing on "chaos and confusion" ahead of the resumption of student loan repayments, one expert warned.
Biden administration officials say the new federal program could cut monthly loan payments for 20 million people.
After a three-year hiatus, interest on student loans begins piling up again on Friday, with payments due in October.
Some borrowers who had enrolled in income-driven repayment plans will start getting their debt discharged this week.
Only one-third of borrowers are aware that loan repayments will restart in October, a new survey found.
Many graduates aren't earning enough to even pay down their interest, causing loans to snowball.
The new income-driven repayment plan could cut borrowers' monthly payments in half, while some could see their monthly payments go down to $0.
"We'll use every tool at our disposal to get you the student debt relief you need to reach your dreams," President Biden said.
The debt ceiling deal includes a provision to end the pandemic-related federal student loan payment pause
Some education experts see the plan as a more powerful tool to make college affordable than the proposal to slash or eliminate student debt for 40 million Americans, which is before the Supreme Court.
Kalel Mullings ran for 92 yards and a career-high three touchdowns, leading Michigan to a 50-6 win over Northwestern on Saturday to make the defending national champions eligible for a bowl.
The Oakland County Sheriff's Office is hosting public policing and educational events with virtual reality simulators, Narcan demonstrations and more, in an effort to gain trust with the community.
Police in Detroit are investigating after a shooting on a freeway in Detroit that left a vehicle with multiple bullet holes Friday night.
A new state task force will look to address the high rates of violence against Indigenous people in Michigan.
The adoption ban would apply to at least 15 countries, most of them in Europe, and Australia, Argentina and Canada.
A Warren police officer has been charged in connection with a deadly crash that killed two men on Sept. 30, according to the Macomb County Sheriff's Office.
The board, comprised of two Republicans and two Democrats, voted unanimously on Friday to certify the results in all 83 counties.
At least 32 officers' licenses are being investigated, according to MCOLES.
Authorities are sharing tips to prevent porch pirates from stealing packages as deliveries ramp up for the holiday season.
Kalel Mullings ran for 92 yards and a career-high three touchdowns, leading Michigan to a 50-6 win over Northwestern on Saturday to make the defending national champions eligible for a bowl.
Local UAW members claim Stellantis is to blame for roughly 4,000 layoffs this fall, not poor market conditions.
Ford said Wednesday most of the job cuts would come in Germany and would be carried out in consultation with employee representatives.
On average, a 15-gallon tank of gas will cost Michiganders $46, which is $12 less than what they were paying from 2023's highest price in August.
General Motors announced Friday it was laying off nearly 1,000 salaried workers worldwide.
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
The 10-day event will feature Racing Day presented by the Detroit Grand Prix on Jan. 17, 2025.
Downtown Detroit will begin to be a lot brighter just in time for the Christmas season.
Tickets go on sale to the general public via Ticketmaster on Tuesday, Nov. 26.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
A jury ruled that Walmart must pay a former employee almost $35 million after finding that the retailer defamed him.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
The Universal Service Fund was created by Congress in 1996.
The school district introduced therapy dogs two years ago, and things have gone so well that it decided to add six more dogs.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
CDC data shows rates of Mycoplasma pneumoniae have surged in babies.
A WARN notice says that an agreement between the hospital and the Secretary of Health and Human Services would be terminated because the hospital was not in compliance with some of the Medicare Conditions of Participation.
A number of homes in parts of Metro Detroit are seeing elevated levels of lead in their drinking water, according to officials.
Kalel Mullings ran for 92 yards and a career-high three touchdowns, leading Michigan to a 50-6 win over Northwestern on Saturday to make the defending national champions eligible for a bowl.
Ten days ago, former Red Wings great Pavel Datsyuk was inducted into the Hockey Hall of Fame, and on Thursday, Detroit honored the man nicknamed the "Magic Man."
Lucas Raymond scored with 51 seconds remaining and the Detroit Red Wings beat the New York Islanders 2-1.
The No.1 recruit had been committed to the LSU Tigers since January 2024.
Detroit's Tarik Skubal wins the AL Cy Young Award after leading the Tigers to its first playoff in a decade.
Hackel, the former Macomb County Sheriff, said the results of the 2024 contest are giving him more confidence than ever that he has the right stuff and resumé to be governor.
How did the Democrats lose so many races at once?
In Michigan, the Democrats have control of the governor's mansion and both state houses.
In Michigan, the Democrats now have control of the governor's mansion and both state houses.
Both party chairs also talked about the ground game as each looks for independent voters and those who haven't voted in a while they hope to inspire to show up on Nov. 5.
Meteorologist Kylee Miller says Monday is looking to be wet, with snow possible in some parts of Michigan.
Hope United Methodist Church in Southfield is helping people in need with baskets filled with a full Thanksgiving meal.
The Oakland County Sheriff’s Office is hosting public policing and educational events with virtual reality simulators, Narcan demonstrations and more, in an effort to gain trust with the community.
Meteorologists say a mix of snow and rain may be seen in portions of the northeast on Thursday.
Jagger is ready to meet the public. The 3-year-old sloth bear now has access to her outdoor habitat at the Detroit Zoo, less than two weeks after her arrival from the Idaho Falls Zoo.