student loans

The Missouri Attorney General leads a lawsuit from several Republican states to stop a nationwide plan that would provide loan relief to millions of students. The case was moved this week from Georgia to Missouri.

Learning how to navigate important and often confusing student loan decisions can be difficult. KCUR's Up To Date spoke with two financial advisors to learn helpful tips that can make it more manageable.

This year's new version of the Free Application for Federal Student Aid was delayed and glitchy, so many students struggled to complete it. College classes start soon, so education professionals are still helping students fill it out to get financial aid.

The rulings from Kansas and Missouri federal judges put on hold the federal government helping many of the intended borrowers ease their loan repayment burdens starting July 1. Missouri Attorney General Andrew Bailey and Kansas Attorney General Kris Kobach had led lawsuits from several GOP states.

The lawsuit, filed last month by Missouri Attorney General Andrew Bailey and seven other states, seeks to block an income-driven repayment plan for borrowers proposed by President Joe Biden’s administration.

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 department is withholding payment from the Higher Education Loan Authority of the State of Missouri, its largest loan servicer, as 2.5 million borrowers didn't receive timely billing statements.

Federal student loan payments are resuming this month for about 1.2 million Missourians and Kansans after being paused in 2020. But the landscape has changed in the last three years: Borrowers now have new options for payment plans, and their loans could be held by different entities than the last time they paid.

Last week, the U.S. Supreme Court struck down President Joe Biden's student loan forgiveness plan. Now, borrowers in Kansas City and around the country are figuring out what that means for them.

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.

The court unanimously dismissed on standing grounds a challenge to President Biden's groundbreaking plan to forgive some or all federal student loan debt for tens of millions of Americans.