Student Loan Debt
Student loans in default will be sent for collection. Here’s what to know for borrowers
| April 29, 2025
ECONOMY | EDUCATION | education department | HIGHER EDUCATION | old texas | Student Loan Debt | TEXAS | TEXAS ECONOMY | trump
By ADRIANA MORGA and WYATTE GRANTHAM-PHILIPS Associated Press NEW YORK (AP) — Starting next month, the Education Department says student loans that are in default will be referred for collections. Roughly 5.3 million borrowers are in default on their federal student loans and soon could be subject to having their wages garnished. Referrals for collection […]
Biden cancels student loan debt for 25,800 more Texans
| April 12, 2024
Friday’s announcement is just the latest round of student debt cancellation enacted by the Biden administration, which has approved relief for more than 4.3 million people so far, including 216,920 people in Texas.
Biden unveils new plan for student debt relief
| April 8, 2024
The president’s plan builds on existing debt cancellation efforts and would extend loan relief to more than 30 million borrowers.
Biden proposes new student debt relief plan for Texas borrowers facing ‘hardship’
| February 16, 2024
The new proposal will focus on providing debt relief to those with older loans or loans with large sums of interest; those with high-cost, unavoidable child care or health care expenses; borrowers who are highly likely to default; and others who face “financial hardship.”