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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 ...
The new batch of debt cancellation comes a few days after the administration said it passed the milestone of forgiving nearly $200 billion in student loan debt for more than five million borrowers ...
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 ...
Friday’s announcement of $4.28 billion in student debt relief is expected to be the final round of public service loan forgiveness before Biden leaves office next month.
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.
The 150,000 borrowers for whom student loan relief was approved included almost 85,000 borrowers who attended schools that "cheated and defrauded their students," 61,000 borrowers with permanent ...