Student loans Coverage

Biden's latest plan for student loan cancellation moves forward as a proposed regulation

WASHINGTON (AP) -- President Joe Biden's latest plan for student loan cancellation is moving forward as a proposed regulation, offering him a fresh chance to deliver on a campaign promise and energize young voters ahead of the November election.

By COLLIN BINKLEY, AP Education Writer

What to know about Biden's latest attempt at student loan cancellation

WASHINGTON (AP) -- President Joe Biden is taking another shot at student loan cancellation, hoping to deliver on a key campaign promise that he has so far failed to fulfill.

By COLLIN BINKLEY, AP Education Writer

Biden promotes 'life-changing' student loan relief in Wisconsin as he rallies younger voters

MADISON, Wis. (AP) — President Joe Biden said Monday that more than 30 million borrowers would see “life-changing” relief from his new plan to ease their student loan debt burdens, a fresh attempt by the Democratic president to follow through on a campaign pledge that could buoy his standing with younger voters.

By DARLENE SUPERVILLE and COLLIN BINKLEY, Associated Press

President Joe Biden will unveil his new plan to give student loan relief to many new borrowers

WASHINGTON (AP) — President Joe Biden will announce his latest effort to broaden student loan relief next week for new categories of borrowers, according to three people familiar with the plans, nearly a year after the Supreme Court foiled his administration’s first attempt to cancel debt for millions who attended college.

By SEUNG MIN KIM and COLLIN BINKLEY, Associated Press

Biden's visit with Raleigh family over Cook Out trays featured in campaign video

Democratic President Joe Biden's campaign has said it would target North Carolina with heavy campaign advertising in his push to win the battleground state in the 2024 election. North Carolina was the closest state Biden lost in 2020.

Will Doran, WRAL state government reporter

FAFSA data delays mean students wait longer to learn if they get financial aid

Colleges won't start receiving students' financial aid data from the Free Application for Federal Student Aid, known as the FAFSA, until the first half of March - more than a month later than expected.

By Katie Lobosco, CNN

Department of Education makes another fix to the FAFSA, unlocking an additional $1.8 billion in financial aid

Washington (CNN) -- The Department of Education said this week that it is making an additional adjustment to this year's Free Application for Federal Student Aid, known as the FAFSA, that will make $1.8 billion more available in financial aid.

By Katie Lobosco, CNN

Some Americans will get their student loans canceled in February

The Biden administration will start canceling student loans for some borrowers in February as part of a new repayment plan that's taking effect nearly six months ahead of schedule.

Nearly 9 million student loan borrowers missed their first payment after pandemic pause ended

Washington (CNN) -- Nearly 9 million borrowers missed their first student loan payment after the pandemic-related pause ended this fall, the Department of Education said Friday.

By Katie Lobosco, CNN

How they voted: NC congressional votes for the week ending Dec. 7

A look at how North Carolina members of Congress voted during the previous week.

Targeted News Service

How they voted: NC congressional votes for the week ending Nov. 16

A look at how North Carolina members of Congress voted during the previous week.

Targeted News Service

As student loan payments resume, scammers look to take advantage

During the restart, there has been a significant increase in student loan scams. Scammers are preying on borrowers, offering enticing yet fraudulent schemes to extract valuable information, especially financial details.

Keely Arthur, WRAL consumer reporter

Student loan scams resurface as federal pause ends

Cybersecurity experts are warning you to be on alert as scammers try to get a piece of the $1.7 trillion owed. 5 on your Side's Keely Arthur joins us now to help cut through the confusion and fear surrounding the restart.

Biden cancels $72 million in student loan debt for borrowers who went to for-profit Ashford University

Washington (CNN) -- Even though President Joe Biden's student loan forgiveness program was blocked by the Supreme Court earlier this year, his administration is moving forward with more targeted student debt cancellations allowed under existing programs.

By Katie Lobosco, CNN

Nearly 25,000 North Carolina borrowers to see student loan debt wiped out

The Biden administration announced that 804,000 borrowers will have their student debt wiped away, totaling $39 billion worth of debt.

Biden administration announces $39 billion in student debt relief following administrative fixes

(CNN) -- The Biden administration announced Friday that 804,000 borrowers will have their student debt wiped away, totaling $39 billion worth of debt, in the coming weeks due to fixes that more accurately count qualified monthly payments under existing income-driven repayment plans.

By Sam Fossum, CNN

Supreme Court Rejects Biden’s Student Loan Forgiveness Plan

WASHINGTON — The Supreme Court ruled Friday that the Biden administration had overstepped its authority with its plan to wipe out more than $400 billion in student debt, dashing the hopes of tens of millions of borrowers and imposing new restrictions on presidential power.

Adam Liptak, New York Times

Supreme Court strikes down Biden's student loan forgiveness plan

People in North Carolina with student debt react to Friday's decision by the Supreme Court to strike down the president's loan forgiveness plan.

'A lot of chaos': Locals react to strikedown of Biden's student loan forgiveness plan

People in North Carolina with student debt react to Friday's decision by the Supreme Court to strike down the president's loan forgiveness plan.

Monica Casey, WRAL Durham reporter

NBC Special Report: Supreme Court hands down 2 major decisions

NBC News provides a Special Report as the Supreme Court hands down its two final decisions of the term. One decision involves President Joe Biden's student loan forgiveness plan, and the other involves gay rights and free speech.

How they voted: NC congressional votes for the week ending June 22

A look at how North Carolina members of Congress voted during the previous week.

Targeted News Service

Graduates prepare for return of student loan payments

While millions of students are bracing for the return of their student loan repayments, retailers are bracing for impact, too. When 45 million Americans start repaying their loans, the hit to the economy is expected to be far worse than when Covid benefits ran out.

Bill proposes to educate high school students on cost of college

High school students in North Carolina could soon get an education about the cost of a four-year college degree, as well as more information about vocational and technical programs. That proposal passed a key committee Wednesday.

Cost of college could soon be a 10th-grade topic in North Carolina

High school students in North Carolina could soon get an education about the cost of a four-year college degree, as well as more information about vocational and technical programs. That proposal passed a key committee Wednesday.

Laura Leslie, WRAL Capitol Bureau Chief

How they voted: NC congressional votes for the week ending June 1

A look at how North Carolina members of Congress voted during the previous week.

Targeted News Service