
Republicans propose bill to eliminate student loan cancellation, and other current student loan news for the week of Aug. 15, 2022
A new bill would expand Pell Grant access but eliminate student loan forgiveness.
Bankrate editor Chelsea Wing specializes in student loans, financial aid and college budgeting. Despite growing up in Washington, Chelsea attended the University of Iowa for college — so she understands the realities of chipping away at expensive out-of-state tuition. She is invested in helping students navigate the high costs of college and breaking down the complexities of student loans.
Chelsea currently lives in Seattle. In her spare time, she enjoys writing, travel and musical theatre.
Chelsea has edited hundreds of articles for Bankrate and enjoys covering both news pieces and long-form guides. She helped develop the Bankrate Best Value Colleges guide and has monitored student loan forgiveness efforts since early 2020.
Chelsea has been working as Bankrate’s student loans editor since early 2020. Prior to joining Bankrate, Chelsea was the insurance and finance editor at Reviews.com, where she specialized in covering life insurance.
A new bill would expand Pell Grant access but eliminate student loan forgiveness.
Defaulted student loans will not garnish child tax credit benefits for 2021.
Income-driven repayment uses your earnings to determine your monthly bill.
Discharging your private student loans is a complex process.
Rebates are incentives that can save you thousands — if you qualify.
Borrowers nearing graduation should be proactive about their student loan repayment.
A law career can be rewarding, but many students leave school with significant debt.
If you’re running out of time to find college funding, start here.
Your financial aid, repayment plans and tax deductions could change.
Here’s what we know so far about Biden’s broad student loan forgiveness plan.
Even if you can get away with noneducational expenses, it’s not a good idea.
Roughly 9 million adults age 50 and older are still actively paying off federal student loan debt.
Biden’s student loan forgiveness plan could help narrow existing wealth gaps.
Borrowers interested in taking advantage of the waiver must take action by Oct. 31.
An FSA ID is simple to set up and useful for managing your student aid online.
Recent legislation has changed the requirements for federal student aid.
You’ll need to renew your FAFSA every year, but those funds cover both semesters.