Black holes are a continuing source of mystery. Although their classical properties have been understood since the 1970's, their quantum properties raise some of the deepest questions in theoretical physics. Some of these questions have recently been answered using string theory. I will review these fundamental questions, and the aspects of string theory needed to answer them. I will then explain the recent developments and new insights into black holes that they provide. Some puzzles remain, and I will discuss the prospects for further progress.