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The latest discharges include $3.2 billion for 43,900 borrowers using the public service loan forgiveness program and waiver, and $1.7 billion for 29,700 borrowers under the one-time payment ...
It also debuted a month after the Supreme Court blocked Mr. Biden's plan to erase up to $20,000 in debt per student borrower. Because SAVE also promises to lower monthly loan payments — to as ...
Joe Biden in Madison, Wis., on April 8, 2024. President Joe Biden's student debt forgiveness plan faces another setback as a federal judge extended the temporary restraining order against it on ...
The Biden administration has forgiven $146 billion in student loan debt through other avenues, including discharging loans for borrowers with disabilities and those who were defrauded by their ...
President Biden on Wednesday announced $10,000 in student loan debt forgiveness for individuals who make $125,000 or less and for households that earn $250,000 or less.
Last year, the Supreme Court’s conservative majority rejected an earlier plan that would have wiped away more than $400 billion in student loan debt. Cost estimates of the new SAVE plan vary.
The Supreme Court is set to hear oral arguments on Tuesday over President Biden’s student loan debt relief plan, which aims to wipe away up to $20,000 of student debt for more than 40 million ...
About 26 million federal student loan borrowers have applied for forgiveness under the Biden administration’s debt relief program, the White House announced on Wednesday. When and if those ...