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To date, the loan forgiveness approved by the Biden-Harris government totals $136.6 billion in aid for 3.7 million American borrowers, according to the U.S. Department of Education (ED).Relate
After weeks with no updates, there's a new development in the ongoing battle around the federal student loan forgiveness program. Last night, Jan. 4, the Biden administration officially filed a ...
In February, Education Department stated that borrowers with 240 or 300 months of payments or 120 months toward Public Service Loan Forgiveness (PSLF) would see their loans forgiven in spring 2023 ...
In another December update, the Department pushed this timeline further, saying: “Based on the newly eligible months from the one-time account adjustment, borrowers who have reached 240 or 300 ...
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 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 ...