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Thousands more borrowers are receiving student-loan forgiveness just one week before President Joe Biden leaves the White House. On Monday, Biden's administration announced $4.2 billion more in ...
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]
The Biden administration has approved the discharge of student loan debt for more than 615,000 borrowers since October 2021 under temporary changes to the public service loan forgiveness program. ...
This brings the total amount of approved federal student debt cancellation to $167 billion since President Joe Biden took office. Borrowers have been notified of their forgiveness approval and ...
The Biden administration announced Thursday its final round of student debt relief, topping off the most loan forgiveness ever given in a presidency. The Department of Education announced it was ...
When student loan borrowers began applying for loan forgiveness 10 years after the program went into effect, most were denied relief. The White House said it made administrative fixes that ...
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