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The discharges include $2.6 billion for 34,400 borrowers using the public service loan forgiveness program and waiver and $2.2 billion for 46,000 borrowers under the one-time payment adjustment ...
The Biden administration discharged another $4.9 billion in student loan debt for more than 73,600 borrowers, the Education Department announced. That brings the total amount discharged since ...
President Biden today wiped away an additional $9 billion in student debt. Since he took office, his administration has discharged $127 billion in student loan debt for more than 3.5 million ...
The Biden-Harris administration announced early this morning that it will automatically discharge $1.2 billion in federal student loans for eligible borrowers. This move is anticipated to impact ...
For example, a student who took out $13,000 in loans will now have their debt wiped out if they’ve been paying it back for 11 years, or in 12 years for those who borrowed $14,000 — and so on.
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 have at least one ...
This week, the Biden Administration announced a plan to cancel $7.4 billion in student loans for 277,000 borrowers. The U.S. Department of Education reports that Texans have the second-highest ...
To date, the Biden administration has forgiven $143.6 billion in student loan debt for 3.96 million borrowers. In addition to relief given to PSLF borrowers, 959,700 borrowers have received $47.3 ...