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2. Biden administration discharges another $6 billion in student ...

   www.aol.com/finance/biden-administration...

   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 ...

3. Student loans: Biden administration discharges additional $4. ...

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

   December 6, 2023 at 5:56 PM. The Biden administration discharged another $4.8 billion in student loan debt for more than 80,000 borrowers, the Education Department announced Wednesday. That brings ...

4. Biden administration discharges another $1.2 billion in ... - AOL

   www.aol.com/finance/biden-administration...

   To date, the Biden administration has forgiven $168.5 billion in student loan debt for 4.76 million borrowers. In addition to the $69.2 billion received by 946,000 PSLF borrowers, 1,414,000 ...

5. Biden cancels $6 billion in student loan debt for ... - AOL

   www.aol.com/news/biden-cancels-6-billion-student...

   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 ...

6. Federal Direct Student Loan Program - Wikipedia

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

   In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

7. Higher education financing issues in the United States

   en.wikipedia.org/wiki/Higher_education_financing...

   Student loans totaled more than $1.3 trillion, averaging $25,000 each for 40 million debtors. The debtors average age was 33. Forty percent of the debt was owed by people 40 or older. In a 2017 report by the National Center for Education Statistics, the researchers found that 27% of all student loans resulted in default within 12 years.

8. 25 million borrowers to be notified of potential student loan ...

   www.aol.com/finance/25-million-borrowers...

   The Biden-Harris administration today announced its next step toward a round of student debt relief planned for this fall. If the plan is approved and implemented, 25 million federal student loan ...

9. Here’s who will pay for Biden’s student loan cancellations

   www.aol.com/finance/pay-biden-student-loan...

   If the plan holds, the government will write down the student loan balances for the majority of Americans who hold them by $5,000 to $20,000. For some, that will entail the full amount of their loans.