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March 21, 2024 at 2:55 PM. President Biden announced another sweeping federal student loan forgiveness policy, wiping out $5.8 billion in debt for 77,700 borrowers. However, only certain borrowers ...
More than $5.2 billion in new debt relief will go to 53,000 borrowers under Public Service Loan Forgiveness programs, which cover people who worked in public service for a decade or more and made ...
July 31, 2024 at 5:00 AM. The Biden administration announced Wednesday the next steps for student debt relief this fall. On Thursday, the Department of Education will begin emailing borrowers who ...
The new plans are the administration’s latest efforts to provide relief to borrowers of student loans after the Supreme Court struck down Biden’s original plan to cancel up to $20,000 in debt ...
In a Sept. 29 press release, the U.S. Department of Education cited a debt relief issue paper laying out an initial set of policy considerations to “create a path to debt relief for student loan ...
CULVER CITY, Calif. — President Joe Biden announced Wednesday that he's canceling an additional $1.2 billion in student debt for an estimated 153,000 borrowers, marking the latest in a series of ...
The administration also announced $2.8bn in new debt relief for 51,000 borrowers enrolled in income-driven repayment plans, impacting people who have made their loan payments for at least 20 years ...
President Joe Biden confirmed Aug. 24 what many have anticipated for months – a plan to forgive or reduce student loan debt for millions of debt-saddled borrowers.. If you earn less than ...