For those waiting for a decision regarding their student loans, it looks like an update could be coming any day now.
President Biden is expected to announce as early as Wednesday whether or not his administration will be forgiving up to $10,000 in student debt or extending the current repayment moratorium, Reuters reports per a source familiar with the matter.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Women are getting their own baseball league againIn the Spotlight The league is on track to debut in 2026
-
Giant TVs are becoming the next big retail commodityUnder the Radar Some manufacturers are introducing TVs over 8 feet long
-
When will mortgage rates finally start coming down?The Explainer Much to potential homebuyers' chagrin, mortgage rates are still elevated
-
Wyoming judge strikes down abortion, pill bansSpeed Read The judge said the laws — one of which was a first-in-the-nation prohibition on the use of medication to end pregnancy — violated the state's constitution
-
US sanctions Israeli West Bank settler groupSpeed Read The Biden administration has imposed sanctions on Amana, Israel's largest settlement development organization
-
Gaetz ethics report in limbo as sex allegations emergeSpeed Read A lawyer representing two women alleges that Matt Gaetz paid them for sex, and one witnessed him having sex with minor
-
Biden allows Ukraine to hit deep in RussiaSpeed Read The U.S. gave Ukraine the green light to use ATACMS missiles supplied by Washington, a decision influenced by Russia's escalation of the war with North Korean troops
-
What does the G20 summit say about the new global order?Today's Big Question Donald Trump's election ushers in era of 'transactional' geopolitics that threatens to undermine international consensus
-
Joe Biden's legacy: economically strong, politically disastrousIn Depth The President boosted industry and employment, but 'Bidenomics' proved ineffective to winning the elections
-
Sri Lanka's new Marxist leader wins huge majoritySpeed Read The left-leaning coalition of newly elected Sri Lankan President Anura Kumara Dissanayake won 159 of the legislature's 225 seats
-
Biden arrives in Peru for final summitsSpeed Read President Joe Biden will meet Chinese President Xi Jinping, visit the Amazon rainforest and attend two major international summits
