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(Reuters) - The Biden administration on Friday canceled another $4.28 billion in student debt for nearly 55,000 public service workers, the U.S. Department of Education said in a statement. Friday ...
This includes $56.7 billion for 793,000 borrowers using the public service loan forgiveness program and waiver, $45.6 billion for 930,500 borrowers under income-driven repayment plans, $11.7 ...
Thursday’s announcement impacts about 60,000 borrowers who are now approved for approximately $4.5 billion in student debt relief under PSLF. Harris vows to fight for more student loan relief ...
The Supreme Court this summer struck down Biden's more sweeping student loan debt relief plan, which would have allowed around 43 million eligible borrowers to cancel up to $20,000 each in debt.
Last month, the Biden-Harris administration officially launched the Saving on a Valuable Education (SAVE) plan, which aims to cancel more than $117 billion in student loan debt for 3.4 million...
The Biden administration is canceling student loans for another 160,000 borrowers through a combination of existing programs. The Education Department announced the latest round of cancellation on ...
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