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President Joe Biden speaks about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, on April 8. - Andrew Caballero-Reynolds/AFP/Getty Images/File
The White House said Friday it approved another $4.28 billion in student debt cancellation for 54,900 additional public service workers in what could be one of the Biden Administration's final act ...
The actions are a part of Biden's effort to fulfil his 2020 campaign pledge to deliver debt relief to millions of Americans before he leaves office in January. Biden cancels another $4.28 billion ...
Friday’s announcement of $4.28 billion in student debt relief is expected to be the final round of public service loan forgiveness before Biden leaves office next month.
The Higher Education Relief Opportunities For Students (HEROES) Act (Pub. L. 108–76 (text)) was legislation passed unanimously by the United States Congress and signed into law by President George W. Bush on January 16, 2002. It was extended and amended in 2003, extended in 2005, and made permanent in 2007.
Called the Agricultural Debt Waiver and Debt Relief Scheme, the 600 billion rupee package included the total value of the loans to be waived for 30 million small and marginal farmers (estimated at 500 billion rupees) and a One Time Settlement scheme (OTS) for another 10 million farmers (estimated at 100 billion rupees). [4]
The administration also announced $2.8bn in new debt relief for 51,000 borrowers enrolled in income-driven repayment plans, impacting people who have made their loan payments for at least 20 years ...
In 2017 the NFCC extended its service beyond the United States by adding its first International Affiliate. The Credit Counselling Society, Canada's largest non-profit credit counseling organization, became the first International Affiliate after becoming certified by the Council on Accreditation (COA).