Student Loans

• U.S. student debt automatically cancelled for 153K borrowers, Biden says

  The Biden administration has now canceled some US$138 billion in student debt for nearly 3.9 million people through executive actions, the White House said.

  U.S. News

  Feb 21
  
• Biden has a new plan for student debt relief. Will it survive legal test?

  It's known as the SAVE Plan, and although it was announced last year, it has mostly been overshadowed by President Joe Biden’s proposal for mass student loan cancellation.

  U.S. News

  Jul 14, 2023
  
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• Paying off student loans to become a lot easier for Manitobans

  Manitoba unveiled a new system for borrowers to repay their student loans. It's part of an integrated effort with the federal government to streamline the process.

  Canada

  Jul 14, 2023
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• The push for U.S. student debt relief is sputtering. Now what?

  A looming end to a freeze on loan repayments and a Supreme Court ruling on President Joe Biden's debt relief program has young borrowers feeling anxious, advocates say.

  U.S. News

  Jun 12, 2023
• Why millennials in Canada are hardest hit by debt: ‘Living on the edge’

  On a per-population basis, millennials were 1.4 times more likely to file for insolvency than people in generation X aged 42 to 56, a study shows.

  Money

  Mar 26, 2023
• Future of U.S. student loans forgiveness plan shaky after Supreme Court hearing

  Without the loan relief promised by the Biden plan, the administration's top Supreme Court lawyer said, "delinquencies and defaults will surge."

  U.S. News

  Feb 28, 2023
• B.C. budget: Student loan maximums doubled, repayment terms eased

  B.C.'s 2023-2024 budget is doubling the maximum provincial student loan payout from $110 to $220 per week for individuals and upping the amount they can make before repaying loans.

  Education

  Feb 28, 2023
• Nova Scotia student assistance recipients to get one-time grant of $550

  Nova Scotia residents who receive student assistance will get a one-time payment of $550 'to help post-secondary students with the rising cost of living.'

  Canada

  Nov 29, 2022
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• Student loan interest relief and more: What’s new in the fall economic statement?

  'I am confident we have struck the right approach in general and in this fall economic statement,' said Finance Minister and Deputy Prime Minister Chrystia Freeland on Thursday.

  Canada

  Nov 3, 2022
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• Sask. government adjusts assistance plan to make loan repayment easier for students

  On Nov. 1, the Saskatchewan government will introduce enhancements to improve the affordability of student loan repayment and streamline the repayment processes.

  Education

  Oct 31, 2022