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The Biden administration is launching a beta website for its new income-driven student loan repayment plan today, officials told CNN, allowing borrowers to begin submitting applications for the ...
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 ...
The Biden administration announced the cancellation of an additional $7.7 billion in student loans for 160,000 Americans Wednesday in its ongoing efforts to relieve soaring college debt.
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]
Jacquelyn Martin/AP/File. The Biden administration is preparing new proposals aiming to reduce or cancel student loan debt for millions of borrowers, two sources familiar with the plans told CNN ...
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 ...
March 21, 2024 at 8:30 AM. Dorann Weber/Moment RF/Getty Images. President Joe Biden announced another round of student loan debt forgiveness Thursday, totaling $5.8 billion for nearly 78,000 ...
Since President Joe Biden took office, the Department of Education has canceled about $14.5 billion in student loan debt under the borrower defense program, CNN noted. Nearly 1.1 million borrowers ...
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