Financial Health

The history of a student loan discharge program for people with disabilities clearly shows the need for automatic—as opposed to targeted—debt relief, Bethany Lilly and Persis Yu write.

Education Department will make the largest group discharge of federal student loans in U.S. history.

Black parents are disproportionately burdened by Parent PLUS borrowing, a new study finds, leading to deeper racial inequities in student loan borrowing and higher education at large.

Some say so, but the president’s plan to cancel at least some student debt is still not finalized.

However, political tension in Congress could bring strong opposition from Republicans to any broad move by Biden. Here’s what this means for the future of higher education and the federal government.

The announcement of his proposal for student debt relief is expected soon, but many questions—how soon and what his final policy will be—are still largely unanswered.

Younger Americans and those with student debt are far less likely than their peers to believe the benefits of getting a higher education outweigh the costs.

A new survey shows persistent staffing shortages in financial aid offices, which has raised concerns about their ability to address student needs and maintain compliance with federal regulations in the future.