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  2. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

  3. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    In addition, since federal student loans do not limit the amount a lender can borrow, this has allowed public as well as private colleges to increase their tuitions. [47] In February 2023, the U.S. Supreme Court heard oral arguments in Biden v. Nebraska concerning President Biden's order to cancel student loan debt for an estimated 40 million ...

  4. Student loans and bankruptcy: What you need to know - AOL

    www.aol.com/finance/student-loans-bankruptcy...

    Chapter 7. Chapter 13. Main features. All nonexempt assets will be sold to repay some of the debts you owe. You’ll keep your property, but you must repay your debts on an agreed-upon timeline

  5. Biden administration discharges another $9 billion in student ...

    www.aol.com/finance/biden-administration...

    President Biden today wiped away an additional $9 billion in student debt. Since he took office, his administration has discharged $127 billion in student loan debt for more than 3.5 million ...

  6. Class-action settlement provides $7.5 billion in student loan ...

    www.aol.com/finance/class-action-settlement...

    Loaded 0%. The Education Secretary on Thursday announced a settlement of claims that would give roughly 264,000 student loan borrowers approximately $7.5 billion in debt relief. The settlement ...

  7. Ronda Lee. December 6, 2023 at 5:56 PM. The Biden administration discharged another $4.8 billion in student loan debt for more than 80,000 borrowers, the Education Department announced Wednesday ...

  8. Student Loan Forgiveness FAQs: Everything You Need to Know - AOL

    www.aol.com/finance/student-loan-forgiveness...

    If you have defaulted federal student loans, you can make payment arrangements by visiting myeddebt.ed.gov, contacting your loan holder or calling the Default Resolution Group at 1-800-621-3115.

  9. Sweet Settlement Wipes Out $6 Billion in Student Loan Debt - AOL

    www.aol.com/finance/sweet-settlement-wipes-6...

    June 30, 2022 at 6:00 AM. An estimated 200,000 defrauded former college students are set to have $6 billion in federal loan debt wiped clean as part of a proposed settlement agreement filed June ...

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