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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 ...
The U.S. Education Department updated the student loan forgiveness process for some borrowers who work in public service, including teachers, police officers and social workers. This change, which ...
The Education Department recommends that you apply for student debt forgiveness before mid-November if you want it applied to your account before federal student loan payments resume in January 2023.
The Education Department reported 13,580 Californians will see $114.8 million in debt forgiveness. To qualify, they must be one of the 7.5 million student loan borrowers enrolled in the SAVE plan.
The Biden administration's student loan relief plan is expected to wipe out the debt of 1 million or more Californians, though most will still owe.
In a July 14 news release, the U.S. Department of Education said it would begin notifying borrowers that the loans will be “automatically discharged” in the coming weeks.
Who qualifies for $20,000 in student loan debt forgiveness? Borrowers who received Pell Grants and make less than $125,000 as individuals or less than $250,000 as married couples are eligible to ...
Over 8 million borrowers already applied for student-loan forgiveness "without a glitch or any difficulty" over the weekend, Biden said on Monday.