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The Biden administration discharged another $4.9 billion in student loan debt for more than 73,600 borrowers, the Education Department announced. ... PSLF loan discharge for military and certain ...
As of May 2023, around 492,000 borrowers have received loan forgiveness through a TPD discharge, according to the U.S. Department of Education’s (ED’s) Federal Student Aid site.
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 ...
Student loans may be discharged through bankruptcy, but this is difficult. [2] Research shows that access to student loans increases credit-constrained students' degree completion, later-life earnings, and student loan repayment while having no impact on overall debt. [3]
The total discharged debt includes $51 billion for 715,000 borrowers through the public service loan forgiveness ; $11.7 billion for permanent disability discharges for more than 513,000 borrowers ...
The Biden administration has discharged $34 billion in student loan debt for 1.7 million borrowers since the president took office a little more than seven months ago.
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