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Under the Biden plan, up to $10,000 in federal student debt relief may be offered to borrowers who earned less than $125,000 — or $250,000 for households — in 2020 or 2021.
The Biden administration has discharged another $1.2 billion in student loan debt under a key provision of the Saving on A Valuable Education, or SAVE income-driven repayment plan.. Last month ...
In August 2022, Biden announced a broad student-loan forgiveness plan using a legal strategy tied to the COVID-19 pandemic emergency that would have canceled up to $20,000 in student debt for ...
If you cancel student debt, the next generation of students will find themselves in the exact same spot. Probably worse. The fact is, something needs to be done about the root of the issue.” ...
Hundreds of student-loan borrowers who applied for debt cancellation are being denied relief by a major lender, over 20 Democratic lawmakers say Ayelet Sheffey Updated December 12, 2024 at 10:07 AM
In 2023, the U.S. Supreme Court shut down the assertion by Biden’s education secretary, Miguel Cardona, that the Heroes Act granted him the authority to cancel $430 billion in student loan debt.