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The Biden administration is proposing a new plan to forgive student debt, months after the Supreme Court struck down President Joe Biden’s sweeping pandemic-era debt relief plan in June.
The Biden administration is going down alternative avenues to cancel federal student loan debt. Biden’s student loan forgiveness plan might actually happen in 2024. But far fewer borrowers will ...
A new path to student loan forgiveness. The Biden-Harris Administration recently created a new debt relief plan using the 1965 Higher Education Act (HEA), which outlines several federal financial ...
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 ...
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 ...
In Biden's last announcement on student-loan forgiveness, he canceled over $600 million in debt for nearly 9,000 borrowers.
(Reuters) -A U.S. appeals court allowed President Joe Biden's administration to move forward with implementing a key part of a new student debt relief plan designed to lower monthly payments for ...
What did Biden's student debt cancellation plans promise? One of the plans would have forgiven up to $20,000 of unpaid interest for more than 20 million borrowers, the White House said in April .