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If a new policy clears the regulatory process, student loan borrowers could soon pay less money back on their loans. Student loan borrowers could soon pay less money back on their loans and be on the hook for a shorter amount of time, should a new Biden administration rule take effect later this year. The Department of Education on Tuesday began the regulatory process to bring the new loan repayment program into effect -- but the exact timing for when student borrowers could take advantage of the new system wasn’t clear. The process could take any number of months, though it will likely not be finalized before springtime at the earliest, a source familiar with the discussions said. Under the new plan, the lowest-income borrowers would see their payments fall by about $0.83 per each dollar they owe, the Department of Education estimated. The highest-income borrowers would see their payments per dollar fall by about $0.05. It would revise a payment program in which roughly 8 million Ame...

A white woman was arrested after she allegedly confessed to repeatedly stabbing an Asian Indiana University student on a public bus in Bloomington, Indiana. A 56-year-old white woman was arrested after she allegedly confessed to repeatedly stabbing an Asian Indiana University student in the head in a what police said appeared to be an unprovoked, racially-motivated attack that unfolded in front of passengers on a public bus in Bloomington, Indiana. The suspect, Billy R. Davis, 56, of Bloomington, was taken into custody after a passenger who witnessed the assault followed her on foot when she fled the Bloomington Transit bus and reported her location to police, authorities said. Davis, according to a criminal complaint obtained by ABC affiliate station WRTV in Indianapolis, allegedly confessed to stabbing the 18-year-old victim with a folding knife, purportedly telling detectives because it would mean “one less person to blow up our country." This photo provided by Bloomington ...

The Virginia teacher who authorities say was shot by a 6-year-old student is known as a hard-working educator who's devoted to her students and enthusiastic about the profession that runs in her family RICHMOND, Va. -- The Virginia teacher who authorities say was shot by a 6-year-old student is known as a hard-working educator who is devoted to her students and enthusiastic about the profession that runs in her family, according to fellow teachers and city officials. John Eley III, a former member of the Newport News School Board, identified the first-grade teacher as Abby Zwerner, 25. Zwerner was shot Friday at Richneck Elementary School, authorities said. Shortly after the shooting, police said Zwerner had life-threatening injuries, but she has improved and was listed in stable condition at a local hospital. Eley and other city officials met with teachers and the principal at the school Friday and later went to the hospital, where they met with members of Zwerner's family, i...

Texas A&M University student Tanner Hoang has been missing since Dec. 16. His car was found Thursday in Austin, officials said. A Texas A &M University student has been missing for more than a week, as his family prays for his safe return. Tanner Hoang, 22, was last seen the morning of Dec. 16, authorities said. His family said they were going to the College Station school for his graduation and reported him missing when he did not show up to lunch before the ceremony. "He was supposed to graduate but I'm not sure what happened that would cause him to leave," his uncle, Bao Hoang, told ABC Waco affiliate KXXV earlier this week. Missing Texas A&M student Tanner Hoang. College Station Police Department The student 's phone had been turned off, making it difficult to track him, according to his family. After his vehicle was spotted several times on video, the car was ultimately found unoccupied in Austin on Thursday, according to Amber Alert Network Brazos ...