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Harvard University alone has a $51 billion endowment.
People who borrowed less than $12,000 for undergrad schooling could have debt forgiven after making regular payments for a decade.
In the past, not even one student borrower in 100 who declared bankruptcy had student loans discharged.
We help you figure out whether you’re eligible and answer questions about the plan.
The government would cover unpaid interest for borrowers who are on income-based repayment plans and continue to make monthly payments.
Proposals to reform the federal student loan system shed light on the relationship between student debt and economic inequality. UCLA’s Hannah Appel joins us to discuss.
Borrowers will not be asked to make payments until after Aug. 31, and interest rates are expected to remain at 0% during that period.
More than 40 million borrowers with federal student loans have had a respite through the pandemic. That ends Jan. 31.
More people are going to college and graduate school. There’s also been an increase in parents taking on loan debt for their kids.
It’s not just the Ivy League and Wall Street elite who owe enormous amounts.