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The Trump administration also called for ending the Public Service Loan Forgiveness program, which cancels student debt for eligible public-sector workers who have made 10 years of qualifying ...
However, as Adam S. Minsky of Forbes notes, when three other debt relief programs expire this year, student loan borrowers are going to have to look elsewhere for alternate targeted-repayment ...
As of this year, Americans now owe $1.77 trillion in federal and private student loan debt and while the Biden administration tried to decrease that amount, the Supreme Court issued a decision ...
Even with Biden's original plan for sweeping student loan forgiveness debt relief quashed by the Supreme Court, there is still hope for the 43.5 million Americans still owing an average of $37,787 ...
The Biden administration announced on Oct. 25 executive actions that will bring most loans managed by the Education Department "closer to forgiveness," the Department of Education declared. One ...
In August 2022, the administration used the Act again to announce student debt cancellation of up to $20,000 and several other reforms. [7] [16] Following litigation brought by several Republican-led state governments, the Supreme Court ruled in Biden v. Nebraska (2023) that the statute did not permit the administration's debt forgiveness ...
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