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Biden has already wiped away more than $175 billion in loans for millions of student borrowers, as part of a 2020 campaign promise to eliminate their debt.
Dozens of Democrats are asking the Biden administration to take the following actions before Inauguration Day on January 20: Officially deliver student loan forgiveness promised to defrauded borrowers
“My Administration has taken historic action to reduce the burden of student debt, hold bad actors accountable, and fight on behalf of students across the country,” Biden said in a written statement. In total, the administration says it has waived $183.6 billion in student loans.
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.
With weeks to go before President-elect Donald Trump takes office, the Biden administration is still taking steps to deliver sweeping student loan forgiveness to millions of Americans.. The U.S ...
President Joe Biden announced Monday that his administration had approved student loan relief for more than 150,000 borrowers, bringing the total number who have had their student debt cancelled ...
Biden's Education Department has canceled student debt for nearly 5 million borrowers over the past years, including $28.7 billion for more than 1.6 million borrowers who were defrauded by their ...
The Biden administration announces moves that allow 40,000 borrowers to have their student loans erased, and brings 3.6 million closer to cancellation. Biden administration to erase student debt ...