Some student borrowers could soon get debt forgiveness. Here's how.
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.
Student Loan
Nearly $5 billion in additional student loan forgiveness approved
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.
Here are the main reasons people turned to GoFundMe this year
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For some with student loans, making payments means turning to GoFundMe
The number of people seeking help on the platform to pay student loans has exploded over the last year, the crowdfunding site says.
Student loan borrowers running into issues
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Student loan borrowers face "nightmare" service as repayments resume
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.
Biden admin is forgiving $9 billion in student debt for 125,000 Americans
As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
How student loan restart could impact economy
Tens of millions of Americans are expected to resume paying student loans after a three-year pandemic-era pause. CBS News correspondent Carter Evans has more. Plus, Politico education reporter Michael Stratford explains how the Biden administration is attempting to ease the burden for borrowers.
Student loan payments resume for millions
Student loan payments resumed over the weekend following a pandemic-era pause that lasted more than three years. For millions, the payments will force them to make difficult cuts elsewhere as prices for gas and groceries remain high. Carter Evans reports.
Student loan payments restart after pandemic pause
Student loan payments resumed Sunday following a three-year pause brought on by the COVID-19 pandemic. More than 43 million Americans must now begin repaying loans, and about half are expected to be delinquent on their payments. Astrid Martinez reports.
Student loan payment requirements have resumed. Here's what to know.
Americans with student loan debt need to begin repaying their loans again after a hiatus of more than three years.
What to know about student loan repayments
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to talk about what borrowers need to know before federal student loan repayments start back up in October.
How to spot student loan forgiveness scams
Scammers are targeting student loan borrowers as millions of Americans prepare to start repaying their debt in October following a three-and-a-half-year pause. CBS MoneyWatch associate managing editor Aimee Picchi provides some tips on how to spot a scam.
Student loan forgiveness scams are surging: "Full discharge " of debt
Scammers are seizing on "chaos and confusion" ahead of the resumption of student loan repayments, one expert warned.
Companies offer employees student loan relief
More companies are now offering to help new hires pay off their student loan debt. The share of job listings that mention loan repayment assistance has more than doubled since 2019, according to new data from job platform Handshake. April Rubin, a breaking news reporter for Axios, joined CBS News to discuss the trend.
New student debt repayment plan has 4M signups. Here's how to enroll
Biden administration officials say the new federal program could cut monthly loan payments for 20 million people.
Student loan payments resuming next month
Student loan repayments are set to resume in October after being paused over three years ago at the start of the COVID-19 pandemic. Carter Evans takes a look at how the resumption will impact Americans.
Student loan interest resumes after hiatus
Student loan interest started accruing again on Friday after a three-and-a-half-year pause amid the COVID pandemic. Ayelet Sheffey, a senior economic policy reporter for Insider, joins CBS News to discuss what student loan borrowers should expect.
Student loan repayments are set to resume. Here's what to know.
After a three-year hiatus, interest on student loans begins piling up again on Friday, with payments due in October.
Interest resumes on student loans September 1
Interest on federal student loans resumes in September and payments will start in October after a more than three-year pause due to the COVID pandemic. The Supreme Court rejected President Biden's student debt relief program in June, but the Biden administration is offering a new program to help some borrowers bring down the cost of their monthly payments. Weijia Jiang reports.
Options for student loan borrowers after pause
Federal student loans will start accruing interest for the first time in three years on Friday. Student loan attorney Adam Minsky joins CBS News to help answer questions people may have about payments resuming.
Biden announces new student loan relief plan
The Biden administration announced Tuesday a new income-driven student loan repayment plan that could lower or eliminate monthly payments for more than 20 million borrowers. CBS News White House reporter Bo Erickson has more.
New student loan repayment plan could cut monthly payments for 20 million
Monthly loan payments may drop, based on a borrower's income.
800,000 borrowers are set to get their student loans forgiven
Some borrowers who had enrolled in income-driven repayment plans will start getting their debt discharged this week.
Details on student loan repayment "on-ramp"
Student loan repayments are set to resume in October when a pandemic-era relief program comes to an end, but nearly half of borrowers say they are not financially prepared to restart payments, according to a survey by U.S. News. With that in mind, the Biden administration is easing repayment requirements for many borrowers. CBS MoneyWatch associate managing editor Aimee Picchi has more.
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