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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 ...
On October 6, 2021, the Biden administration announced a temporary waiver allowing past payments to qualify even if they had the wrong loan type or payment plan. [11] As of March 2022 100,000 people have had over $6.2 billion of student loans canceled as a result of the waiver, [12] however, many problems still
WASHINGTON (AP) — A student loan cancellation program for public workers has granted relief to more than 1 million Americans — up from just 7,000 who were approved before it was updated by the ...
The administration said it will spend nearly $4.3 billion to cancel student debt for 55,000 such workers, the result of fixes… Biden canceling student loan debt for 55K public service workers ...
The $4.28 billion in relief is expected to be the final round of public service loan forgiveness before President Joe Biden leaves office in January. After failing to deliver his promise of widespread loan cancellation, Biden has instead focused on expanding loan relief through programs that were created before his presidency.
Another 78,000 Americans are getting their federal student loans canceled through a program that helps teachers, nurses, firefighters and other public servants, the Biden administration announced ...
Forgiving the first $10,000 in student loan debt for those who earn up to $125,000 will cost taxpayers an estimated $300 billion, according to the University of Pennsylvania’s Penn Wharton ...
Lisa Ansell, an educator from California, was one of the people who got their loans cancelled in 2021 when Biden made those changes, after she was denied eight times.