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More than $5.2 billion in new debt relief will go to 53,000 borrowers under Public Service Loan Forgiveness programs, which cover people who worked in public service for a decade or more and made ...
And as higher education costs rise, so too does Biden’s commitments to reducing borrowers’ accumulating debt. He extended a pause on student loan payments for three years between March 2020 ...
A new path to student loan forgiveness. The Biden-Harris Administration recently created a new debt relief plan using the 1965 Higher Education Act (HEA), which outlines several federal financial ...
President Biden announced another sweeping federal student loan forgiveness policy, wiping out $5.8 billion in debt for 77,700 borrowers. ... forgiven after 120 payments. However, before Biden ...
The student loan forgiveness plan announced last week by the Biden administration provides sweeping relief to federal student loan borrowers in the form of both canceled debt and an extension of ...
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 ...
President Joe Biden is not backing down in his quest to free Americans from their student debt shackles. Just weeks after canceling almost $5 billion in student loan debt for thousands of public ...
Total student loan debt, currently $1.76 trillion, continues to climb as a number of borrowers do not have access to debt relief, according to the Education Data Initiative. Notably, 47.9 million ...