President Joe Biden speaks in the Roosevelt Room of the White House, June 30, 2023, in Washington, D.C., as his administration is moving forward on a new student debt relief plan after the Supreme ...

Black Americans are less than half as likely as white Americans to have their debts reorganized or relieved. This outcome difference has severe effects on Black wealth over time — specifically ...

On average, Black women accumulate $30,400 in debt from undergraduate study, whereas white women carry $22,000. This problem has grown dramatically worse over time.

As the Trump administration begins referring defaulted student loan accounts for collections on May 5, advocates for student loan debt relief and cancellation say President Donald Trump’s abrupt ...

The borrowers who reported receiving debt relief in 2022 had a median household income between $50,000 and $65,000, below the national median of nearly $75,000, the CFPB found.