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The Latest Breaking News from Wisdom Cole

Student loans for parents can be a debt trap. But there's a loophole

Until July 2025, parent PLUS borrowers can paperwork their way into a kinder, gentler repayment plan.

WEKU

Biden blames GOP for student loan ruling as 2024 political consequences loom

President Joe Biden insisted Friday that “this fight is not over” after the Supreme Court struck down his $400 billion student loan forgiveness plan

The Independent UK

White House under pressure to develop a backup plan on student debt relief

WASHINGTON — The Biden administration is under pressure from Capitol Hill lawmakers and student debt advocates to develop contingency plans to cancel billions of dollars in student debt and to move forward quickly if the Supreme Court strikes down the administration’s initial executive action.

Tribune News Service

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Student loan relief highlights burden on Black borrowers

On average Black borrowers carry a heavier burden of student loan debt than white borrowers

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