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The Biden administration has discharged another $1.2 billion in student loan debt under a key provision of the Saving on A Valuable Education, or SAVE income-driven repayment plan. Last month, the ...
With the latest action, the administration said it has canceled $167 billion in student debt for nearly 5 million Americans through several programs. Biden administration canceling student loans ...
With this latest round of loan cancellation, the administration has now forgiven $168.5 billion in student debt for 4.76 million borrowers, including $69.2 billion for 946,000 million borrowers ...
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...
The Biden administration announced the cancellation of an additional $7.7 billion in student loans for 160,000 Americans Wednesday in its ongoing efforts to relieve soaring college debt.
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 ...
An additional 53,000 borrowers will receive debt cancellation under the Public Service Loan Forgiveness program, which wipes away remaining student loan debt after qualifying public sector workers ...
The Biden administration is canceling $1.2 billion in student debt for about 153,000 borrowers who took out relatively modest student loans and have been repaying it for the last decade or more.
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