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The Biden administration has approved nearly $29 billion of student loan forgiveness for about 1.6 million people who were defrauded by their schools, but many of them are still waiting to see ...
When student loan borrowers began applying for loan forgiveness 10 years after the program went into effect, most were denied relief. The White House said it made administrative fixes that ...
The administration said it will spend nearly $4.3 billion to cancel student debt for 55,000 such workers, the result of fixes made to the Public Service Loan Forgiveness Program.
In the news. Another sweeping student debt relief measure was announced for 160,500 borrowers on May 21, 2024. Thanks to fixes made to existing federal programs, certain individuals enrolled in ...
The federal Education Department released on Friday the much-anticipated proposal, which the Biden administration says could provide student loan forgiveness to approximately 8 million Americans.
With 42.8 million Americans carrying federal student loan debt and an average balance per borrower of $37,853, according to the Education Data Initiative, the stakes are high.
In late August 2024, the latest chapter in the ongoing student debt forgiveness debate came to a close—for now—when the Supreme Court announced it would uphold a block on the Biden-Harris ...
A few days ago, the Biden administration announced that starting next month, the Education Department will fast-track student loan forgiveness for those who qualify under the Saving on a Valuable...
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