The newest income-driven repayment plan ... to pay off your loans as soon as possible, now is the time to make optional lump-sum payments. No interest is building, so you could shrink your debt ...

US President Joe Biden will cancel up to $10,000 (£8,474) in federal student loans for millions of Americans who earn less than $125,000 each year. Mr Biden will also forgive $20,000 of debt ...