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For years, the PSLF program, created by Congress in 2007 to cancel the student loan debt of workers in government and many nonprofit jobs, failed to achieve that goal.
Student debt relief activists participate in a rally at the U.S. Supreme Court on June 30, 2023, in Washington, D.C.
In late August 2024, the latest chapter in the ongoing student debt forgiveness debate came to a close—for now—when the Supreme Court announced it would uphold a block on the Biden-Harris ...
In February 2024, the total federal government debt grew to $34.4 trillion after having grown by approximately $1 trillion in both of two separate 100-day periods since the previous June. [51] However, the ratio of debt held by the public to GDP fell from 97.1% in Q1 2021 when Biden started to 95.2% in Q2 2024, as growth outpaced debt increases ...
March 11, 2024 at 11:09 AM. ... According to the White House, more than 40 million borrowers would have qualified for the now-defunct debt relief program, with nearly 90% of the benefits of the ...
The Biden-Harris administration’s major efforts to forgive as much student loan debt as possible comes after the U.S. Supreme Court blocked President Biden’s original program that would have ...
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