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The Supreme Court this summer struck down Biden's more sweeping student loan debt relief plan, which would have allowed around 43 million eligible borrowers to cancel up to $20,000 each in debt.
Harris vows to fight for more student loan relief after legal setbacks. Biden’s signature, one-time student loan forgiveness program was struck down by the Supreme Court last year. It would have ...
To date, the Biden administration has forgiven $143.6 billion in student loan debt for 3.96 million borrowers. In addition to relief given to PSLF borrowers, 959,700 borrowers have received $47.3 ...
President Joe Biden announced last week the cancellation of $1.2 billion in student debt for 153,000 borrowers—an average of $7,843 per borrower. The move is one of dozens he’s made since 2021 ...
The Biden administration is canceling $1.2 billion in student debt for about 153,000 borrowers who took out relatively modest student loans and have been repaying it for the last decade or more.
Biden has now dished out $153 billion in student debt relief trying to fix the broken loan system. ... and for many Americans student loans continue to be a barrier,” Biden said in an April 8 ...
It also debuted a month after the Supreme Court blocked Mr. Biden's plan to erase up to $20,000 in debt per student borrower. Because SAVE also promises to lower monthly loan payments — to as ...
Biden, a Democrat, last year pledged to find other avenues for tackling debt relief after the Supreme Court in June blocked his broader plan to cancel $430 billion in student loan debt.