Student loans

The challenge from coalitions of attorneys general, led by Kansas and Missouri, culminated in two preliminary injunctions of the Biden Administration's SAVE Plan on Monday.

The lawsuit was filed last month by Missouri Attorney General Andrew Bailey alongside seven other states.

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.

After a win in the U.S. Supreme Court last year, Missouri Attorney General Andrew Bailey is leading a coalition of states challenging the Department of Education’s second attempt at loan forgiveness. The federal program could waive or help with payments for more than 8 million borrowers.

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.

The department is withholding payment from loan servicer MOHELA as 2.5 million borrowers didn't receive timely billing statements.

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.

Washington University already has a similar “no-loan” program for students whose families make less than $75,000 annually. Now, the university is extending it to all undergraduates who receive a financial aid package.

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.