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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 ...
Additionally, according to the 8th Circuit, student loan forgiveness under other IDR plans — ICR and PAYE — that were created using the same legal authority could also get struck down.
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 ...
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.
President Joe Biden announced the much-anticipated administration's plan for loan forgiveness on Aug. 24. But while the plan was mostly widely lauded, details were scarce, until now. Inflation ...
Who qualifies for $20,000 in student loan debt forgiveness? Borrowers who received Pell Grants and make less than $125,000 as individuals or less than $250,000 as married couples are eligible to ...
Biden announced $4.28 billion in student-debt cancellation for 54,900 borrowers in Public Service Loan Forgiveness. The relief is a result of the Education Department's ongoing fixes to PSLF.
Federal student loan borrowers with an annual adjusted gross income (AGI) of less than $125,000 in either 2020 or 2021 — or $250,000 for households — will be eligible for up to $10,000 in ...