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Furman estimated the Fed would require to add a further .5 to .75 percentage points to its price hikes if it wanted to counter the inflationary effect of the student loan forgiveness plan over the next...

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The pandemic gave millions of student loan borrowers some financial relief, which permitted quite a few to pay down accumulated debts — like credit cards — and improve their savings. But that savings cushion is largely...

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The litigation played out more than years, with the Trump administration at one point issuing notices denying the requested relief to some 128,000 borrowers. “Today’s swift and decisive action from the highest court must finish, after...