Biden administration forgives another $1.2 billion in student loans
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
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About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
More than $345 million in debt will be forgiven for about 18,000 Pennsylvanians who attended The Art Institutes.
Glitches in this year's Free Application for Federal Student Aid, or FAFSA, have millions of students waiting to hear how much college will cost. FAFSA completions are down significantly this year as well, experts say.
This round of Biden's student loan forgiveness proposals targets the interest that adds up over time on student loans.
The new FAFSA is meant to make it easier to apply for federal student aid, but the program's launch has been riddled with technical difficulties.
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.
As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
Americans with student loan debt need to begin repaying their loans again after a hiatus of more than three years.
About 44 million Americans with student debt must start repaying their student loans, a change that could impose a financial strain on many households after a three-and-a-half-year hiatus.
Late last week, interest began accruing again for federal student loans after it was stopped in March 2020 to help people during the COVID-19 pandemic.
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.
Many graduates aren't earning enough to even pay down their interest, causing loans to snowball.
Unlike Biden's blocked one-time forgiveness program, the new repayment plan will provide benefits for both current and future borrowers who sign up for it.
Eligible borrowers can now enroll in a new income-driven repayment plan that could lower their monthly bills and reduce the amount they pay back over the lifetime of their loans.
Nearly 30,000 Pennsylvanians have been approved for more than $1.3 billion under Biden's IDR forgiveness plan.
Loan payments are set to resume later this year after a pandemic pause. Friday's ruling comes as a blow to millions of borrowers who were hoping for help as everything costs more these days. Joe Holden spoke to some of the worried borrowers.
Biden addressed the nation after the Supreme Court struck down his student loan relief program in a 6-3 decision that upended a key campaign promise. READ MORE: https://cbsloc.al/434FNNa
"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 Supreme Court struck down President Biden's student loan forgiveness plan, denying relief to 40 million Americans who stood to benefit from the program.
A three-year pause on student loan payments will end this summer regardless of how the Supreme Court rules on the White House plan to forgive billions of dollars in student loan debt.
The debt ceiling deal includes a provision to end the pandemic-related federal student loan payment pause
The debt ceiling deal includes a provision to end the pandemic-related federal student loan payment pause
An apparent water main break blocked off multiple streets in the Northern Liberties section of Philadelphia on Sunday.
Car dealers will inspect and replace the control unit and a fuse if needed, as well as update software.
This weekend feels like fall, with blustery conditions, and a mix of sun and clouds.
A community in Lawnside came together with a peace vigil after a resident's fence was defaced with a racist message.
The Salvation Army's trademark bell and iconic red kettle signal the ringing in of the holiday season and the joy of sharing.
An apparent water main break blocked off multiple streets in the Northern Liberties section of Philadelphia on Sunday.
Sunday is a cool fall day leading up to the busy Thanksgiving holiday travel week, where chances of wintry mix and rain are possible.
Car dealers will inspect and replace the control unit and a fuse if needed, as well as update software.
Runners, set? The Philadelphia Marathon Weekend is finally here! Here's a list of events going on throughout the area this weekend.
Philadelphia Marathon Weekend is here, with the annual 26.2-mile run taking over the city with road closures and traffic delays.
An apparent water main break blocked off multiple streets in the Northern Liberties section of Philadelphia on Sunday.
This weekend feels like fall, with blustery conditions, and a mix of sun and clouds.
A lawyer for former Temple basketball standout Hysier Miller says the 22-year-old sat for a long interview with the NCAA amid an investigation into unusual gambling activity.
A man is recovering after he was shot in the left foot while riding a SEPTA bus in North Philadelphia Friday night, according to police.
Ahmed Muhumed took first place in the Philadelphia half marathon after never running one before, the frequent 5K and 10K runner said.
A community in Lawnside came together with a peace vigil after a resident's fence was defaced with a racist message.
A new work program called the Hope Work Initiative launched this week in Atlantic City to give people experiencing homelessness a second chance.
Runners, set? The Philadelphia Marathon Weekend is finally here! Here's a list of events going on throughout the area this weekend.
A World War II veteran in Vineland, New Jersey celebrated his 103rd birthday at the French Embassy in Washington DC.
Winemaker Larry Sharrott said the drought will help produce robust wines at his South Jersey winery.
Former NFL running back Wendell Smallwood Jr. has been charged with defrauding COVID-19 relief programs, court documents show.
Sahori Arteaga and her family spent 10 months at the Ronald McDonald House of Delaware after flying 3,000 miles from Honduras to Wilmington for a kidney transplant.
It was a full circle moment when a Chester County mother brought her son to visit the Ronald McDonald House Charities of Greater Delaware for the first time.
For the Schiro family from Nevada, the Ronald McDonald House Charities of Greater Delaware — "Donald's House" — is a second home.
While we don't have anything solid in the forecast, as of late November, meteorologists can look at trends and historical dates.
Whole Foods Market stores in five states sold recalled carrots and celery sticks that could contain E. coli.
As runners count down to Sunday's big race at the Philadelphia Marathon, the cause is driving some people to run 26.2 miles.
A high school in Montgomery County, Pennsylvania, has a reported whooping cough case.
The new report shows the lung cancer survival rate has improved 26% in the last five years.
Skin care products are popular on TikTok, but some of them can damage skin, experts say.
Winemaker Larry Sharrott said the drought will help produce robust wines at his South Jersey winery.
The bar made the announcement on social media in a collaborative post with all other Bark Social locations.
The Philadelphia City Council is scheduled to hear public comment Tuesday afternoon on the proposed Sixers arena near the city's Chinatown neighborhood.
The Eagles running back is looking to get into sports consulting and talent management, the application shows.
Six Flags announced it shut down the Kingda Ka and Green Lantern roller coasters to make way for two new rides including The Flash coaster.
SEPTA will receive an infusion of $153 million in "flexed" federal highway money, enough to cover its running deficit, officials announced Friday.
Philadelphia Marathon Weekend is here, with the annual 26.2-mile run taking over the city with road closures and traffic delays.
Starting Dec. 1, hopping on a SEPTA bus, train, or trolley will likely cost you more. The Transit Authority approved a 7.5% rate increase on Thursday across much of its system.
On Wednesday, SEPTA agree to tentative deals with two unions to avert a strike in Philadelphia and its suburbs.
A crash shut down Route 309 northbound near Fort Washington and Upper Dublin Township for several hours on Wednesday morning.
Matvei Michkov scored a power-play goal in overtime as the Flyers overcame a two-goal deficit in the third period to beat the Chicago Blackhawks 3-2.
A lawyer for former Temple basketball standout Hysier Miller says the 22-year-old sat for a long interview with the NCAA amid an investigation into unusual gambling activity.
The Philadelphia 76ers snapped a five-game losing streak with a 113-98 win over the Brooklyn Nets in an NBA Cup game.
Philadelphia 76ers say center Joel Embiid is managing swelling in his left knee and will miss a second consecutive game Sunday.
The Philadelphia Phillies did not tender Austin Hays a contract on Friday, making the outfielder a free agent.
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
Runners, set? The Philadelphia Marathon Weekend is finally here! Here's a list of events going on throughout the area this weekend.
Former Philadelphia Eagles center Jason Kelce is getting his own late-night television show on ESPN early next year.
The Stardew Valley Symphony of Seasons tour is bringing a video game soundtrack to over 60 cities.
Jay Leno was badly injured in Greensburg when the 74-year-old comedian fell down a hill.
Ukee Washington reports.
Natasha Brown reports.
Natasha Brown reports.
Natasha Brown reports.
Ukee Washington reports.
Middle school students in Philadelphia got the opportunity to do hands-on learning during the school district's five-day career and technical camp.
With her Girl Talk mentoring program, one Philadelphia teen turned her camp days into a safe space to discuss social issues young girls face every day.
Recent high school graduate Sylvain Farrell says his temporary position at a local clinic is the pathway to a full-time career.
A Philadelphia student won an award from NFL Films for his documentary on bringing back sports teams at his Kensington school.
A group of East Norriton eighth graders took what started as an Earth Day project and made a whole initiative.
PSPCA animal advocate Carol Erickson shares some tips for helping kittens adjust to living in a new home and adapt to your schedule in this week's Pet Project.
It will be a wet week for those traveling for Thanksgiving, but most of the region should dodge snow – wintry mix is possible Thursday into Friday the farther north you go. Tammie Souza has the NEXT Weather forecast.
Meteorologist Andrew Kozak has the latest of the NEXT Weather forecast.
'Tis the season for giving back to others and helping families in your local community. The Salvation Army kicked off its Red Kettle campaign this Saturday, making Christmas possible for many this holiday season. Aziza Shuler reports.
A South Jersey community comes together after a resident's fence was defaced with a racist message. The act of hate in the historic town of Lawnside has triggered an outpouring of love and support. The community held a peace vigil on Saturday. Ryan Hughes reports.