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The discharges include $2.6 billion for 34,400 borrowers using the public service loan forgiveness program and waiver and $2.2 billion for 46,000 borrowers under the one-time payment adjustment ...
More than 35,000 borrowers will have $1.2 billion in student debt discharged under the public service loan forgiveness (PSLF) program, the Biden administration announced Thursday.
President Biden announced another sweeping federal student loan forgiveness policy, wiping out $5.8 billion in debt for 77,700 borrowers. However, only certain borrowers will qualify ...
On Friday, April 12, the Biden-Harris administration announced an additional $7.4 billion in student loan forgiveness for more than 200,000 SAVE Plan users.
'This kind of relief is life-changing': Biden cancels another $9B in student loan debt to help fix the 'broken' system — debt forgiveness now sits at $127B for nearly 3.6M Americans Bethan ...
Even though the U.S. Supreme Court struck down President Biden's proposal for student loan forgiveness, more than 43 million Americans with student loan debt could still benefit from a different,...
Biden v. Nebraska, 600 U.S. 477 (2023), was a United States Supreme Court case related to the forgiveness of federal student loans by the Biden administration in 2022, challenged by multiple states. The Supreme Court's ruling was issued on June 30, 2023, ruling 6–3 that the Secretary of Education did not have the power to waive student loans under the HEROES Act.
The Biden administration is going down alternative avenues to cancel federal student loan debt.