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Public Service Loan Forgiveness accounts for the largest share of that relief, while others have had their loans canceled through income-driven payment plans and through a 1994 rule offering ...
Last month, the president accelerated a provision that provides immediate debt cancellation for borrowers with an original loan balance of $12,000 or less who have been in repayment for 10 years.
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 ...
In August 2022, Biden announced a broad student-loan forgiveness plan using a legal strategy tied to the COVID-19 pandemic emergency that would have canceled up to $20,000 in student debt for ...
Nearly $138 billion of federal student loan debt has been canceled for almost 3.9 million borrowers since Biden took office. ... in part due to efforts to temporarily expand some debt relief ...
The Biden administration will start canceling student loans for some borrowers in February as part of a new repayment plan that's taking effect nearly six months ahead of schedule. Loan ...
Breaking news. On Friday, April 12, the Biden-Harris administration announced an additional $7.4 billion in student loan forgiveness for more than 200,000 SAVE Plan users. This round of ...
Friday's action brings the total public service student loans forgiven to about $78 billion for nearly 1.1 million workers, the department said. ... The Biden administration on Friday canceled ...
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