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President Joe Biden began working on his revised student loan relief plan after the Supreme Court blocked its first program in June 2023. The updated policy targets several groups of borrowers for ...
In Biden's last announcement on student-loan forgiveness, he canceled over $600 million in debt for nearly 9,000 borrowers. ... brings total student debt relief under Biden to $188.8 billion for 5 ...
In addition, Biden announced he was lowering the cap on discretionary income paid toward student debt from 10% to 5% per month for undergraduate loans. Biden had sought to provide debt relief in ...
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.
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 Biden administration announced Thursday its final round of student debt relief, topping off the most loan forgiveness ever given in a presidency. The Department of Education announced it was ...
President Joe Biden announced his administration is canceling $7.4 billion in student loans for 277,000 borrowers. Biden announces more than $7B in student debt relief for 277,000 borrowers Skip ...
Today’s changes are the result of a long-standing effort by the Biden administration to fix the federal repayment program. Today, total relief through PSLF now equals $62.5 billion for 871,0000 ...