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Late Thursday, Nov. 10, the Biden administration's student loan forgiveness program faced a significant setback after a federal court judge in Texas ruled the measure illegal, blocking it from ...
About 26 million federal student loan borrowers have applied for forgiveness under the Biden administration’s debt relief program, the White House announced on Wednesday. When and if those ...
The Biden administration indicated Friday it plans to scrap his latest student loan forgiveness proposals, which could have wiped away debts for tens of millions of Americans and cleared new paths ...
When student loan borrowers began applying for loan forgiveness 10 years after the program went into effect, most were denied relief. The White House said it made administrative fixes that ...
Biden laid out the revised plan in April after the Supreme Court nullified the administration’s original student debt forgiveness program in 2023. That plan would have benefitted 43 million ...
Since taking office, Biden’s administration has approved the cancellation of about $144 billion in federal student loans, equal to 9% of the $1.6 trillion of federal student loan debt currently ...
WASHINGTON (Reuters) -The U.S Supreme Court handed President Joe Biden a painful defeat on Friday, blocking his plan to cancel $430 billion in student loan debt - a move that had been intended to ...
The U.S. Supreme Court might have struck down President Joe Biden’s federal student loan forgiveness program, but it’s pretty clear Biden himself has no plans to give up on debt relief.Last ...