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Biden has already wiped away more than $175 billion in loans for millions of student borrowers, as part of a 2020 campaign promise to eliminate their debt.
In October, the department said the Biden administration approved additional forgiveness, bringing the total relief to $175 billion in student debt relief for nearly 5 million borrowers. Some are ...
Biden’s signature, one-time student loan forgiveness program was struck down by the Supreme Court last year. It would have canceled up to $20,000 of student debt for many low- and middle-income ...
With the latest action, the administration said it has canceled $167 billion in student debt for nearly 5 million Americans through several programs. Biden administration canceling student loans ...
Biden has continued student loan forgiveness in rounds after the Supreme Court last summer blocked his grand plan that would have wiped out $400 billion in student loans. It would have forgiven up ...
President Joe Biden announced last week the cancellation of $1.2 billion in student debt for 153,000 borrowers—an average of $7,843 per borrower. The move is one of dozens he’s made since 2021 ...
President Joe Biden announced this week that his administration has signed off on $9 billion in student loan debt forgiveness for 125,000 people across the U.S. "By freeing millions of Americans ...
The announcement comes just weeks after the Biden administration put forward an additional new rule, that, if finalized, would authorize student debt forgiveness on a one-time basis for people who ...