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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 ...
Although the Supreme Court blocked one of the president’s debt cancellation plans, his administration has forgiven billions via other policies. Joe Biden’s Student Debt Cancellation, Explained ...
In August 2022, the administration used the Act again to announce student debt cancellation of up to $20,000 and several other reforms. [7] [16] Following litigation brought by several Republican-led state governments, the Supreme Court ruled in Biden v. Nebraska (2023) that the statute did not permit the administration's debt forgiveness ...
On January 13, the Education Department announced $4.2 billion in debt cancellation for 152,000 borrowers, bringing the total student-debt relief under Biden to over $180 billion for 5.3 million ...
Two of Biden's key debt-relief initiatives are tied up in court: his SAVE income-driven repayment plan, intended to make student-loan payments cheaper for borrowers, and his broader loan ...
Biden announced $4.28 billion in student-debt cancellation for 54,900 borrowers in Public Service Loan Forgiveness. The relief is a result of the Education Department's ongoing fixes to PSLF.
After first establishing that at least Missouri had Article III standing to challenge the debt forgiveness program, Roberts held that the statutory grant of authority to the Secretary of Education to 'waive or modify' loan terms could not be extended to the student loan forgiveness program, and that a debt cancellation of this scale required ...
Millions of student-loan borrowers were counting on debt cancellation under Biden. Then came the lawsuits. ... 2024 at 2:42 AM. ... Just 18% of respondents said student-debt relief would impact ...