(WASHINGTON) -- The Biden administration has announced it is extending pandemic relief for student loan repayments, interest and collections through January 31, 2022, referring to it as the "final" extension. The pause has been in effect since former President Donald Trump signed the CARES Act... Read More.
(TALLAHASSEE, Fla.) -- Students at a historically Black college received a huge parting gift from their school during commencement ceremonies Saturday. Larry Robinson, the president of Florida A&M University, announced the school spent over $16 million to cover fees, tuition and unpaid student account balances... Read More.
(NEW YORK) -- Lakisha L. Simmons, Ph.D., was a 36-year-old working mom of two young sons when she got divorced in 2017. "I stayed in the family home with the boys and all of the bills were suddenly mine, all alone," Simmons told Good Morning... Read More.
(NEW YORK) -- When Haiti won its independence nearly 200 years ago, it came at a hefty price -- an estimated $21 billion today. The country spent the next century paying off the debt to its former slave owners, France. It's a financial conundrum that those experts... Read More.
Vampire Diaries alum Ian Somerhalder opened up about a bad financial decision that resulted in him falling into an eight-figure debt. The actor, while celebrating wife Nikki Reed's 33rd birthday, credited her for helping him survive the financial hit. Taking to Instagram, the 42-year-old actor named Reed... Read More.
(NEW YORK) -- Americans saved or paid off debt with most of their pandemic stimulus payments, according to surveys from the Federal Reserve Bank of New York. For the second round of relief checks that gave $600 to eligible Americans and were issued at the... Read More.
By Sara Russell and Angeline Jane Bernabe, ABC News (NEW YORK) -- When it comes to taking out loans, the decision to go into debt is a huge financial commitment that requires a lot of thought and planning. For Jeff and Mark... Read More.
By ALLISON PECORIN, ABC News(WASHINGTON) -- Congressional Democrats, led by Senate Majority Leader Chuck Schumer and Sen. Elizabeth Warren, renewed calls Thursday for President Joe Biden to cancel up to $50,000 in federal student loans per individual.Schumer and... Read More.
By ANGELINE JANE BERNABE, ABC News (NEW YORK) -- Dominique Jackson is a journalist from Columbus, Ohio. In December, she celebrated paying off her $30,000 in student loans in three years by following advice from financial gurus Dave Ramsey and Tiffany the Budgetnista... Read More.
By JOEL LYONS, ABC News (NEW YORK) -- In 2020, ABC News' Good Morning America met the creators behind some unique methods to pay down debt. Thanks to the processes they shared, they've managed to eliminate as much as $215,000 in a few... Read More.
By KATIE KINDELAN, ABC News(PINE BLUFF, Ark.) -- Around 200 people are starting 2021 off without any medical debt thanks to the kindness of an oncology doctor who erased $650,000 of his patients' debt.Dr. Omar Atiq, a medical... Read More.
By SARA RUSSELL and ANGELINE JANE BERNABE, ABC News (NEW YORK) -- With the start of a new year and new resolutions, some may be looking to tackle their debt this year.One woman accomplished that goal in 2020 by paying off... Read More.