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$300 million for 4,600 Public Service Loan Forgiveness borrowers More than 4,500 borrowers enrolled in the public service loan forgiveness plan will also see forgiveness.
Another round of forgiveness was announced Thursday, bringing the total amount of student loan cancellation to more than $175 billion for nearly 5 million people since President Joe Biden took office.
On Friday, April 12, the Biden-Harris administration announced an additional $7.4 billion in student loan forgiveness for more than 200,000 SAVE Plan users. This round of forgiveness primarily ...
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.
In Biden's last announcement on student-loan forgiveness, he canceled over $600 million in debt for nearly 9,000 borrowers.
Biden's plan offers up to $20,000 in student loan forgiveness, including pell grants, and repayments based on discretionary income.
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 ...
Biden announced more student-loan forgiveness for borrowers, likely marking his last debt relief efforts.