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In an updated guidance in October 2022, the Department “maintained that borrowers who cross the 20 or 25-year threshold following the account adjustment would start receiving student loan ...
Even though the U.S. Supreme Court struck down President Biden's proposal for student loan forgiveness, more than 43 million Americans with student loan debt could still benefit from a different,...
Nearly 153,000 student loan borrowers currently enrolled in a new repayment plan launched by the Biden administration ... federal student loan debt will be canceled, totaling about $1.2 billion ...
Notably, 47.9 million U.S. borrowers hold student loan debt. Now, the Biden administration is working to draft a new plan — one which has been dubbed “Plan B” by experts, and which could ...
President Biden announced another sweeping federal student loan forgiveness policy, wiping out $5.8 billion in debt for 77,700 borrowers. ... to fix the federal repayment program. Today, total ...
The Biden administration aims to tackle "runaway interest" as part of a new student debt relief measure. If successful, it could bring relief to 23 million borrowers.
Breaking news. 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 ...
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 ...