A student debt holder is now able to apply for up to $20,000 in loan cancellation that the Biden administration promised in August after a live application went up online.

President Biden has announced that he will be canceling $10,000 worth of debt per student borrowers who make less than $125,000 annually, however, some students and critics of the president are alleging the plan is not enough. Dan...

President Biden is expected to make an announcement regarding student debt this week, with hopes from borrowers that up to $10,000 per loan will be canceled. Roy Paul, the executive director of the financial literacy nonprofit Cents...

Stocks closed Wednesday's session higher, as investors prepare for comments from Federal Reserve Chairman, Jerome Powell, at the U.S. central bank's Jackson Hole Economic Symposium tomorrow. The Dow Jones Industrial Average jumped 0.2%,...

Today, President Biden announced that he would cancel $10,000 per student borrower making under $125k per year and extend the due date for payment to the end of the year due to COVID setbacks. Will Sealy, the co-founder and CEO of...

Kia McCallister-Young, director at the nonprofit America Saves, joined Cheddar News to talk about how millennials are seeing better credit score numbers due to student loan debt being canceled and what to do if loans come back. "The most...

The Federal Reserve issued its biggest rate hike in more than 20 years Wednesday, raising rates by half a percentage point in an effort to flight inflation. The change is leaving many wondering about the impact it could have on rates for...

The Biden administration is making changes to federal student loan programs, bringing more than 3.6 million people closer to debt forgiveness under the new rules, providing 40,000 with immediate debt cancellation, and allowing several...

Atomic bills itself as an investing API that allows fintechs and banks to easily integrate investing into their products by bringing the power of investing to everyone, with no account minimums. In November, the company announced its...

Fintech company SoFi made its public debut on Nasdaq after completing a SPAC merger with Social Capital Hedosophia Holdings moving slightly above its opening price of $22. CEO Anthony Noto joined Cheddar to discuss the decision to go...

We were joined by Arisha Hatch, Vice President at Color of Change to speak about the nonprofit's new survey. The Color of Change survey reveals that most black voters support eliminating student loan debt and if no action is taken, 40%...

Personal finance expert Mark Ting discusses what to consider before deciding to pursue post-secondary education.

CBC's Sarah Law met up with Aakash Chakor, an international student at Lakehead University in Thunder Bay, Ont. He's one of many who struggled to find housing before the start of the school year.

The Trump administration's "Big Beautiful Bill" means big changes to student loans. Here's what current and future borrowers need to know

Many older borrowers face confusing repayment systems that hinder their ability to manage student loan debt, often leading to frustration and financial strain. (Scripps News)

With payments set to resume in just a few weeks, federal student loan borrowers who don't set up a repayment plan could face consequences. (Scripps News)

President Donald Trump says responsibility for student loans and other programs overseen by the Department of Education will shift to other agencies. (Scripps News)

One of the many issues impacting borrowers is the limbo surrounding income-driven repayment plans.

The U.S. Department of Education has paused online applications for income-driven repayment plans after a court blocked the implementation of former President Biden's "SAVE" plan.(Scripps News)

Raghuram Rajan, former Governor of Reserve Bank of India speaks to Bloomberg Television on the sidelines of the 2025 World Economic Forum in Davos, Switzerland.

One month before President Biden leaves the White House, the Biden administration announced it has forgiven student loan debt for 54,900 public service workers. (Scripps News)

The application for college financial aid is usually available on Oct. 1, but the Department of Education delayed the release this year in an effort to avoid a repeat of last year's rocky rollout. (Scripps News)

Some student loan servicers were automatically taking money from borrowers’ bank accounts even when they didn’t consent to automatic payments. (Scripps News)

The Biden administration is extending a pause of student loan payments for 8 million borrowers amid a court battle. (Scripps News)