Business

Student Loan Debt Controversy

Updated 2026-09-24 17:10 UTC 1 source Negative

Student loan borrowers have sued the Trump administration, alleging financial damage from debt forgiveness. Experts warn rising Treasury yields could push car loan rates higher.

Coverage timeline — 2 articles
CNBC
Bond yields have spiked due to expectations of persistent inflation and further interest rate hikes from the Federal Reserve, which may impact auto loan rates.
2026-09-24 16:14 UTC
CNBC
Student loan holders sued the Education Department on Thursday, claiming they suffered financial damages despite getting their debts forgiven years ago.
2026-09-24 16:49 UTC
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