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While Biden managed to forgive roughly $180 billion in student loan debt for about 5 million Americans, he failed to enact the sweeping relief he'd envisioned. A maze of litigation and ...
Biden's administration posted notices to withdraw its broader student-loan-forgiveness plans. Amid lawsuits, the Education Department wrote that it stands by the legality of its debt-relief plans.
As a student loan company, CommonBond’s efforts to help employees pay down their student loan debt feel natural. In 2015, the company began offering up to $100 per month in student loan ...
Story at a glance Student loan debt is the second-highest consumer debt category after mortgages, with the U.S. holding $1.7 trillion in outstanding loan debt. At least 30 companies offer a ...
The PSLF program is among several the White House has touted in its efforts to reduce the burden of student loan debt for millions of Americans. The PSLF program was approved by Congress in 2007 ...
“It was easier to handle [credit card] debt during the pandemic because I didn’t have to worry about this [student loan] debt that was imposed upon me,” Maria Bermudez, a 30-year-old growth ...
The government's efforts to reform the system piece by piece instead of broad-based forgiveness has chipped away at the $1.7 trillion in outstanding student loan debt held by 41 million Americans.
President Biden today wiped away an additional $9 billion in student debt. Since he took office, his administration has discharged $127 billion in student loan debt for more than 3.5 million ...