For student loan borrowers, relief is finally here – on Oct. 17, the Department of Education launched its student loan ...

WASHINGTON -- Within days, millions of Americans are expected to be able to take their first steps to cancel up to $20,000 in debt under President Joe Biden's federal student loan forgiveness program ...

WASHINGTON, DC - APRIL 30: Education Secretary Linda McMahon speaks during a Cabinet meeting at the White House on April 30, 2025 in Washington, DC. McMahon released information on pending student ...

Without much fanfare, the U.S. Department of Education made available on Friday evening an early version of its student loan forgiveness application. Stream NBC 5 for free, 24/7, wherever you are.

The Education Department released new data indicating that more than 643,000 student loan borrowers remain stuck in backlogs for repayment plans and loan forgiveness.

The total U.S. student loan debt is nearly $1.8 trillion, according to the Education Data Initiative. This breaks down to an estimated $41,618 in total average student loan debt. If you have student ...

CHICAGO (WLS) -- This week, thousands of people are getting emails from the Biden-Harris administration saying their student loan debt is canceled. More people are getting billions in student loan ...