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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 ...
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 ...
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 forgiveness primarily ...
In August 2022, the administration used the Act again to announce student debt cancellation of up to $20,000 and several other reforms. [7] [16] Following litigation brought by several Republican-led state governments, the Supreme Court ruled in Biden v. Nebraska (2023) that the statute did not permit the administration's debt forgiveness ...
WASHINGTON — President Joe Biden announced Friday that his administration is canceling $7.4 billion in student loans for 277,000 borrowers. The White House said the latest round of relief helps ...
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 ...
March 21, 2024 at 5:03 AM. WASHINGTON (Reuters) - U.S. President Joe Biden announced Thursday that $6 billion in student loans would be canceled for 78,000 borrowers, bringing his administration's ...
WASHINGTON — More than six months after the U.S. Supreme Court struck down President Joe Biden’s ambitious program to erase $430 billion in student loan debt, the White House has been rolling ...