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On October 6, 2021, the Biden administration announced a temporary waiver allowing past payments to qualify even if they had the wrong loan type or payment plan. [11] As of March 2022 100,000 people have had over $6.2 billion of student loans canceled as a result of the waiver, [ 12 ] however, many problems still persist.
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 ...
The Supreme Court is set to hear oral arguments on Tuesday over President Biden’s student loan debt relief plan, which aims to wipe away up to $20,000 of student debt for more than 40 million ...
With its plan to cancel federal student loan debt for millions of borrowers still hung up in the courts, the Biden administration has set its sights on another way to provide debt relief. This...
The Biden administration is proposing a new plan to forgive student debt, months after the Supreme Court struck down President Joe Biden’s sweeping pandemic-era debt relief plan in June.. The ...
More than 4,500 borrowers enrolled in the public service loan forgiveness plan will also see forgiveness. The debt relief is part of the Biden Administration’s larger effort to fulfill their ...
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 announces moves that allow 40,000 borrowers to have their student loans erased, and brings 3.6 million closer to cancellation. Biden administration to erase student debt ...