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Despite legal hurdles and the fast-approaching election, the White House is forging ahead with another broad student debt relief plan in the waning days of Joe Biden’s presidency.. The federal ...
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 ...
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 forgiveness primarily ...
"The rules proposed by the Biden-Harris Administration today would provide hope to millions of struggling Americans whose challenges may make them eligible for student debt relief."
Even with Biden's original plan for sweeping student loan forgiveness debt relief quashed by the Supreme Court, there is still hope for the 43.5 million Americans still owing an average of $37,787 ...
The Harris-Biden administration had already canceled $5.5 billion in student loan debt before the preliminary injunctions. The SAVE plan was unveiled last August after an earlier debt cancellation ...
The president’s previous student debt relief plan aimed to cancel up to $20,000 in student debt for an estimated 43 million borrowers. ... % to 5% per month for undergraduate loans. Biden had ...
The Supreme Court said the Biden administration cannot implement its latest plan to tackle federal student loan debt. ... Biden's latest student loan debt relief plan. ... Biden-Harris ...