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The Biden Administration began working on the revised plan after the Supreme Court in 2023 struck down its attempt to forgive up to $20,000 in student debt for more than 40 million borrowers. The ...
The Biden Administration’s Saving on a Valuable Education (SAVE) plan, which was introduced in 2023 as an income driven repayment initiative aimed at reducing or eliminating monthly payments for ...
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 ...
The Biden administration is moving forward with an overhaul of several student debt forgiveness programs, aiming to make it easier for borrowers to get relief if they are duped by their colleges ...
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 ...
The move arrives in the middle of a long and tangled legal battle over student debt forgiveness, in which the Biden administration has repeatedly seen its efforts to relieve debts stymied thanks ...
In August, the Biden administration announced a plan that would forgive $10,000 of student debt for people making less than $125,000 and an additional $10,000 for those who received Pell Grants ...
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 ...