The average borrower owes $39K, and 1 in 5 are already behind.

STATEN ISLAND, N.Y. -- President Joe Biden’s new student loan forgiveness backup plan, called SAVE, was designed to decrease most borrowers’ payments on federal undergraduate loans in good standing.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

If you're close to PSLF forgiveness, this option let's you apply for debt relief now, even if you're enrolled in SAVE. Mike De Socio is a CNET contributor who writes about energy, personal finance, ...

While the Supreme Court struck down President Joe Biden’s student loan forgiveness program in late June, a separate and significant change to the federal student loan system is moving ahead. Eligible ...

Application backlogs for IDR plans may be about to get a whole lot worse for borrowers with student loans enrolled in the ...

President Joe Biden’s new student loan forgiveness backup plan, called SAVE, aims to halve most borrowers’ payments on undergraduate loans. Any borrower with a federal loan in good standing is ...

STATEN ISLAND, N.Y. -- President Joe Biden’s new student loan forgiveness backup plan, called SAVE, was designed to decrease most borrowers’ payments on federal undergraduate loans in good standing.

President Joe Biden’s new student loan forgiveness backup plan, called SAVE, aims to halve most borrowers’ payments on undergraduate loans. Any borrower with a federal loan in good standing is ...