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"Too many Americans, especially young people, are saddled with unsustainable debts in exchange for a college degree." Biden announces his Plan B for student loan forgiveness: Millions of borrowers ...
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 ...
Biden's plan offers up to $20,000 in student loan forgiveness, including pell grants, and repayments based on discretionary income.
Across 28 debt relief actions, including Monday's, the Biden administration has announced $183.6 billion in student loan forgiveness, the U.S. Education Department said separately on Monday.
People who received Pell Grants to go to college can have $20,000 knocked off their balance.
One month before President Biden leaves the White House, the Biden administration announced it has forgiven student loan debt for 54,900 public service workers.
Even with Biden's original plan for sweeping student loan forgiveness debt relief quashed by the Supreme Court, there is still hope for the 43.5 million Americans still owing an average of $37,787 ...
Even though the U.S. Supreme Court struck down President Biden's proposal for student loan forgiveness, more than 43 million Americans with student loan debt could still benefit from a different,...