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This includes $56.7 billion for 793,000 borrowers using the public service loan forgiveness program and waiver, $45.6 billion for 930,500 borrowers under income-driven repayment plans, $11.7 ...
The White House said Friday it approved another $4.28 billion in student debt cancellation for 54,900 additional public service workers in what could be one of the Biden Administration's final act ...
Biden's administration posted notices to withdraw its broader student-loan-forgiveness plans. Amid lawsuits, the Education Department wrote that it stands by the legality of its debt-relief plans.
If the plan is approved and implemented, 25 million federal student loan borrowers may receive student loan forgiveness. In other student loan forgiveness news, the U.S. 8th Circuit Court of ...
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 ...
Who qualifies for $20,000 in student loan debt forgiveness? Borrowers who received Pell Grants and make less than $125,000 as individuals or less than $250,000 as married couples are eligible to ...
About 26 million federal student loan borrowers have applied for forgiveness under the Biden administration's debt relief program, the White House announced on Wednesday. When and if those ...
President Biden announced another sweeping federal student loan forgiveness policy, wiping out $5.8 billion in debt for 77,700 borrowers. However, only certain borrowers will qualify ...