The White House announced another student loan handout on Friday, bringing the total number of borrowers who have received President Biden’s debt relief so far to 4.3 million. According to the White House, the total student loan cancellation sum is a whopping $153 billion. “Today, my Administration is canceling student…

Millions of older Americans at risk of defaulting on student loan payments may lose some of their Social Security benefits, Democratic lawmakers said in a letter urging President Joe Biden’s administration to act. Sens. Elizabeth Warren, D-Mass., and Ron Wyden, D-Ore., were among several lawmakers who wrote to President Joe…

Many borrowers currently struggling with student loan payments would benefit from enrolling in an income-driven repayment plan, according to a recent Student Debt Crisis Center (SDCC) survey. Roughly three out of four borrowers who make $75,000 or less annually and would benefit from the SAVE plan are not currently enrolled in…

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President Joe Biden is keeping the ball rolling on student loan forgiveness, canceling a new round of loans as his administration crafts a new plan to target even more outstanding student debt. The latest round of cancelations targets $7.4 billion in student loans for 277,000 borrowers, the Department of Education…

President Biden’s latest plan to cancel student loan debt for millions of borrowers will cost taxpayers far more than its official price tag, and it could reach as high as three-quarters of a trillion dollars, according to a new report. The administration’s proposal, announced last week, replaces the White House’s…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Borrowers…

The political tug of war over student loan forgiveness registered a new chapter as 11 Republican-led states filed suit against President Joe Biden and the U.S. Department of Education to stop the SAVE Plan.  The Biden Administration introduced the Saving on a Valuable Education (SAVE) plan after the Supreme Court struck down…

The Biden administration is reportedly preparing to take a second crack at broad student loan forgiveness for millions of Americans after the Supreme Court struck down its first attempt. Citing people familiar, The Wall Street Journal reported Friday that the administration will roll out proposed regulations offering sweeping bailouts as…

Students throughout the country agree that student loan forgiveness is a must. An Axios survey founds that students on both sides of the political spectrum think the government should be doing more to help them pay off their debts. Of the 4,168 students surveyed, 89% of the Democratic students and…