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The Biden Administration has made student debt forgiveness a key part of its policy agenda, aiming to provide relief for millions of borrowers burdened by loans.
The Biden Administration’s Saving on a Valuable Education (SAVE) plan, which was introduced in 2023 as an income driven repayment initiative aimed at reducing or eliminating monthly payments for ...
President Joe Biden began working on his revised student loan relief plan after the Supreme Court blocked its first program in June 2023. The updated policy targets several groups of borrowers for ...
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 ...
The government's efforts to reform the system piece by piece instead of broad-based forgiveness has chipped away at the $1.7 trillion in outstanding student loan debt held by 41 million Americans.
The Biden administration is proposing a new plan to forgive student debt, months after the Supreme Court struck down President Joe Biden’s sweeping pandemic-era debt relief plan in June.
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 forgiveness primarily ...
WASHINGTON — More than six months after the U.S. Supreme Court struck down President Joe Biden’s ambitious program to erase $430 billion in student loan debt, the White House has been rolling ...