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In August, the Biden administration announced $10,000 in student loan forgiveness along with an additional $10,000 in forgiveness for Pell Grant recipients. Single borrowers who make less than ...
The Education Department recommends that you apply for student debt forgiveness before mid-November if you want it applied to your account before federal student loan payments resume in January 2023.
President Joe Biden on Monday officially kicked off the application process for his student debt cancellation program and announced that 8 million borrowers had already applied for loan relief ...
President Joe Biden is determined to provide debt forgiveness to federal student loan borrowers, despite more than a year of having his plans challenged and shot down in the courts.The ...
Over 8 million borrowers already applied for student-loan forgiveness "without a glitch or any difficulty" over the weekend, Biden said on Monday.
President Joe Biden began working on his revised student loan relief plan after the Supreme Court blocked its first program in June 2023. The updated policy targets several groups of borrowers for ...
In Biden's last announcement on student-loan forgiveness, he canceled over $600 million in debt for nearly 9,000 borrowers. ... total student debt relief under Biden to $188.8 billion for 5.3 ...
In addition, Biden announced he was lowering the cap on discretionary income paid toward student debt from 10% to 5% per month for undergraduate loans. Biden had sought to provide debt relief in ...