One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat into your debt settlement savings or even wipe it out altogether. It's ...

On his way out of office, President Joe Biden touted his record on student-debt cancellation, noting that his administration approved nearly $190 billion in student-debt relief for more than 5 million ...

Attempts by Congress to fix programs such as Public Service Loan Forgiveness failed to deliver much relief to borrowers who spent years working toward debt cancellation, but Biden’s waiver ...

Thousands more borrowers are receiving student-loan forgiveness just ... announced $4.2 billion more in debt cancellation for over 152,000 borrowers. The relief impacts borrowers in three ...

The loan forgiveness was approved for 6,100 borrowers, totally $465 million, through Public Service Loan Forgiveness (PSLF), nearly 85,000 borrowers for $1.26 billion in relief who attended ...

Her focus is on personal finance, particularly covering debt ... Student loan forgiveness has gained significant traction as a means to reduce economic disparity and provide relief to borrowers.

The Trump Administration has indicated plans to cut government spending by eliminating Biden-era student loan initiatives.

Supreme Court to keep Biden’s student loan cancellation ... loan forgiveness has been blocked by a second federal court, leaving millions of borrowers wondering if they'll get debt relief ...

If you're close to PSLF forgiveness, this option let's you apply for debt relief now ... which would speed up debt cancellation for a small number of eligible borrowers. For example, if you ...

The relief will benefit borrowers in PSLF, defrauded borrowers, and borrowers with disabilities. It likely marks Biden's last relief efforts before Trump takes office in one week. Thousands more ...