student loans

The Office of Federal Student Aid has a lot on its plate in 2023, including implementation of an ambitious new student loan repayment plan. Now it just needs money to pay for it.

From emergency savings accounts to assistance for student loan borrowers, the new federal spending bill aims to make it easier to save for retirement.

The court's action means the rollout of debt cancellation will remain blocked until justices hear arguments about the program in February.

The president has extended the student loan repayment pause into 2023. Biden said he wants to give lawsuits against debt cancellation time to play out, and the Supreme Court time to weigh in.

NPR's Consider This podcast wants to know what you plan to do when student loan payments resume in January, and what questions you have about the forgiveness program.

Where do I apply? Who qualifies? Can borrowers get a refund? NPR took the most frequently asked questions readers had about Biden's student loan relief plan and answered them.

Nearly 22 million people — more than half of qualifying borrowers — have signed up. The Biden administration says it is continuing to accept and review applications during the temporary hold.

The Eighth Circuit Court of Appeals issued the stay, ordering the Biden administration not to act on the program while it considers a motion from six Republican-led states to block loan cancellation.

Justice Amy Coney Barrett, who is assigned to the Seventh Circuit Court of Appeals, was the one who received the emergency application brought by a Wisconsin taxpayers group.

People with student debt can now apply for loan forgiveness from the federal government via a form officially released on Monday.