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  2. Federal court extends block on Biden's student debt relief plan

    www.aol.com/news/federal-court-extends-block...

    The Republican-led states argued in their lawsuit filed in April that the Biden administration's U.S. Education Department had exceeded its legal authority by enacting the student debt relief plan.

  3. US appeals court blocks all of Biden student debt relief plan

    www.aol.com/news/us-appeals-court-blocks-biden...

    A federal appeals court on Thursday blocked President Joe Biden's administration from continuing to implement a new student debt relief plan designed to lower monthly payments for millions of ...

  4. President Biden just forgave another $5.8 billion in student ...

    www.aol.com/finance/president-biden-just-forgave...

    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 ...

  5. Who's getting student loan forgiveness after $7.7 ... - AOL

    www.aol.com/whos-getting-student-loan...

    This will bring the total amount of debt forgiveness up to $167 billion for 4.75 million student loan borrowers, or 1 in 10 debt holders, according to the Department of Education.

  6. Federal Direct Student Loan Program - Wikipedia

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

    The current default rate for the 1.56 trillion total outstanding dollars of debt among 44.7 million borrowers is 11.4%. [15] According to estimates made in 2018 from the Department of Education reports, 40% of borrowers are expected to default on their loans by 2023.

  7. Biden administration to forgive additional $4.9 billion in ...

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

    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 ...

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