Student Debt

A newly released report by the Strada Education Foundation explores whether a college education is worth it. According to new data, it is for many in Missouri and Illinois.

Cash rules everything around us. For Black women, taking control starts with time, energy and funds, says Paris Woods.

The Missouri-based loan servicing organization pushed back Friday on allegations that it mismanaged a federal aid program, arguing the U.S. Department of Education is partially to blame for complaints included in a recent report.

Resuming payments at pre-pandemic levels, which were on average $236 a month, could hit revenue from general sales tax and selective sales tax as people shift how they spend.

Federal student loan borrowers are paying back their loans after a more than three-year pause. St. Louis Public Radio spoke with some borrowers in the region about how this change is affecting their lives.

The Missouri Higher Education Loan Authority — MOHELA — is named 85 times in the U.S. Supreme Court’s opinion striking down the Biden administration's student loan forgiveness program. The ruling affects more than 777,000 Missourians with federal student loans who would have received $10,000-$20,000 of relief.

On Friday, the Supreme Court handed down a decision that dismayed millions of people who were hoping for debt relief through President’s Biden program. Many of those borrowers live in the Midwest states that brought the case to the high court.

On Tuesday, the justices will hear expedited arguments in a challenge to the Biden plan brought by six states — Missouri, Nebraska, Iowa, Arkansas, Kansas and South Carolina.

Why has student loan debt policy stagnated while the needs of American college students and graduates become more complex? The answer is frustratingly predictable.

The program to erase student loan debts for millions of borrowers hit a brick wall Thursday when it was blocked by a U.S. District Court judge. The administration quickly appealed the decision.