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Administration officials continue to press their case that the loan forgiveness program is necessary to give borrowers financial relief before federal student loan repayments are set to resume in ...
The adjustment to student loan accounts would go toward helping borrowers get closer to discharge under income-driven repayment plans, which offer discharge after 20 or 25 years of repayment ...
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 ...
President Biden has forgiven more than $136 billion in student loan debt for over 3.7 million borrowers.. The debt relief was under multiple programs: public service loan forgiveness (PSLF ...
Biden's administration posted notices to withdraw its broader student-loan-forgiveness plans. Amid lawsuits, the Education Department wrote that it stands by the legality of its debt-relief plans.
See: Biden Extends Student Loan Pause to June 2023 as Courts Stall Debt Forgiveness Student Loan Forgiveness: Approval Letters Are Being Sent, But It Doesn’t Mean You’ll Get Money — Here’s Why
PSLF loan discharge for military and certain professions in public service Since taking office, the Biden administration has forgiven $56.7 billion for 793,400 borrowers under the PSLF program.
The Biden administration has discharged another $1.2 billion in student loan debt under a key ... This includes $56.7 billion for 793,000 borrowers using the public service loan forgiveness ...