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In October, the department said the Biden administration approved additional forgiveness, bringing the total relief to $175 billion in student debt relief for nearly 5 million borrowers. Some are ...
Biden’s signature, one-time student loan forgiveness program was struck down by the Supreme Court last year. It would have canceled up to $20,000 of student debt for many low- and middle-income ...
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 ...
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 ...
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 ...
The Biden administration is canceling $1.2 billion in student debt for about 153,000 borrowers who took out relatively modest student loans and have been repaying it for the last decade or more.
The announcement comes just weeks after the Biden administration put forward an additional new rule, that, if finalized, would authorize student debt forgiveness on a one-time basis for people who ...
Biden made a campaign promise to forgive student loan debt on a wide scale. With that plan upended, the administration has made a point to showcase smaller tranches of forgiveness, which now total ...