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President Joe Biden announced another round of student loan debt forgiveness Thursday, totaling $1.2 billion for 35,000 public-sector workers like teachers, nurses and firefighters.
Breaking news. On Friday, April 12, the Biden-Harris administration announced an additional $7.4 billion in student loan forgiveness for more than 200,000 SAVE Plan users. This round of ...
Through those efforts, the Biden administration says it has canceled $144 billion in student loans for almost 4 million Americans. President Joe Biden will announce his latest effort to broaden ...
In March 2024, the Biden administration announced that it would forgive $5.8 billion in student loan debt to 78,000 borrowers under the PSLF program, [128] and then an additional $7.4 billion in student loan debt for 277,000 borrowers from additional changes to the PSLF program the next month, which brought the total dollar amount of student ...
As a comparison, Biden’s student loan forgiveness program was expected to cost about $400 billion. The SAVE repayment plan has gone through a formal rulemaking process at the Department of ...
The Biden administration is launching a beta website for its new income-driven student loan repayment plan today, officials told CNN, allowing borrowers to begin submitting applications for the ...
Though the Supreme Court struck down President Joe Biden’s hallmark student loan forgiveness program, which promised up to $20,000 in debt relief for low- and middle-income borrowers, the ...
President Joe Biden, joined by Education Secretary Miguel Cardona, speaks on student loan debt at the White House on Aug. 24, 2022, in Washington, D.C. Credit: Alex Wong/Getty Images (Alex Wong ...