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That figure rises to up to $20,000 in student loan cancellation for Pell Grant recipients. If you are a dependent student, your eligibility is based on your parental income.
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The Biden administration is canceling student loans for another 206,000 borrowers as part of a new repayment plan that offers a faster route to forgiveness. The Education Department announced the ...
The Biden administration has discharged another $1.2 billion in student loan debt under a key ... This includes $56.7 billion for 793,000 borrowers using the public service loan forgiveness ...
What has the president said about student loan cancellation? On the campaign trail, Biden called for $10,000 in student debt per borrower to help address the economic fallout of the COVID-19 pandemic.
Among several recent proposed changes the Education Department has announced, it has updated the timeline for student loan borrowers seeking forgiveness under a one-time account adjustment ...
In March 2020, the CARES Act passed by Congress included a pause on federal student loans repayments and interest until September 30, 2020. [8] On August 8, 2020, the Trump administration issued a memorandum instructing the Secretary of Education to pause on student loan payments and interest through December 31, 2020 using the authority ...
President Biden currently faces a decision whether to cancel some student loan debt ahead of the August 31st deadline for pandemic forbearance of federal student loans. Aarthi Swaminathan ...