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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.
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 ...
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 ...
WASHINGTON – The Biden administration approved its last major batch of student loan relief Wednesday, greenlighting $4.5 billion in forgiveness for 261,000 borrowers. The recipients of the debt ...
Temporary Student Loan On-Ramp Repayment Program. To help the transition from the pandemic payment pause to restarting loan payments in October 2023, the Department of Education provided a ...
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. Student Loan...
In March 2020, the CARES Act passed by Congress included a pause on federal student loans repayments and interest until September 30, 2020. [8] On August 8, 2020, the Trump administration issued a memorandum instructing the Secretary of Education to pause on student loan payments and interest through December 31, 2020 using the authority ...
In August, the Biden administration announced $10,000 in student loan forgiveness along with an additional $10,000 in forgiveness for Pell Grant recipients. Single borrowers who make less than ...