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U.S. District Judge John Ross in St. Louis had in June blocked the administration from continuing to provide debt forgiveness for some smaller loans in as few as 10 years, compared to the 20- or ...
July 18, 2024 at 4:40 PM. By Nate Raymond. (Reuters) - A federal appeals court on Thursday blocked President Joe Biden's administration from continuing to implement a new student debt relief plan ...
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 ...
The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [ 1]
U.S. President Joe Biden announced Thursday that $6 billion in student loans would be canceled for 78,000 borrowers, bringing his administration's total student debt cancellation to nearly $150 ...
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 ...
Today’s changes are the result of a long-standing effort by the Biden administration to fix the federal repayment program. Today, total relief through PSLF now equals $62.5 billion for 871,0000 ...
Then, in late 2021, she said she had her entire remaining student loan debt — $263,585.35 — forgiven through the program known as Public Service Loan Forgiveness (PSLF).