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2. Biden announces his Plan B for student loan forgiveness ... - AOL

   www.aol.com/finance/biden-announces-plan-b...

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3. Student loans: Biden unveils Plan B after Supreme Court ... - AOL

   www.aol.com/finance/student-loans-biden-unveils...

   The most borrowers must pay toward their undergraduate loans is 5% of their discretionary income, down from 10%. No borrower making less than 225% of the federal poverty level will have to make a ...

4. Public Service Loan Forgiveness - Wikipedia

   en.wikipedia.org/.../Public_Service_Loan_Forgiveness

   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]

5. Biden could have 'Plan B' if court stalls student debt ... - AOL

   www.aol.com/finance/biden-could-plan-b-courts...

   In August, the Biden administration announced a plan that would forgive $10,000 of student debt for people making less than $125,000 and an additional $10,000 for those who received Pell Grants ...

6. Student loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   The Biden forgiveness plan originally allowed these borrowers to receive forgiveness by consolidating into Direct Loans, but due to potential lawsuits stopped allowing this on September 29, 2022, potentially excluding 800,000 FFEL borrowers. [164] [159] In February 2024, the Biden administration announced it would cancel $1.2 billion of student ...

7. Federal Direct Student Loan Program - Wikipedia

   en.wikipedia.org/wiki/Federal_Direct_Student...

   The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1]

8. Student loan forgiveness: Here's who's eligible and for how ...

   www.aol.com/news/student-loan-forgiveness-heres...

   Borrowers have until Oct. 31 to apply for the Public Service Loan Forgiveness plan, which wipes out loan debt for people who make timely payments for 120 months while working full time for the ...

9. Biden v. Nebraska - Wikipedia

   en.wikipedia.org/wiki/Biden_v._Nebraska

   Biden v. Nebraska, 600 U.S. 477 (2023), was a United States Supreme Court case related to the forgiveness of federal student loans by the Biden administration in 2022, challenged by multiple states. The Supreme Court's ruling was issued on June 30, 2023, ruling 6–3 that the Secretary of Education did not have the power to waive student loans ...