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In an updated guidance in October 2022, the Department “maintained that borrowers who cross the 20 or 25-year threshold following the account adjustment would start receiving student loan ...
The Student Borrower Protection Center (SBPC) estimated in June that 9 million public service workers with federal student loans are eligible to pursue debt cancellation through the PSLF program ...
Hanneh Bareham. March 21, 2024 at 11:55 AM. President Biden announced another sweeping federal student loan forgiveness policy, wiping out $5.8 billion in debt for 77,700 borrowers. However, only ...
The Biden administration said Friday that it is using existing student loan forgiveness programs to cancel another round of student debt, totaling $7.4 billion for 277,000 borrowers. Under ...
Student loan relief and the ever-growing cost of higher education has become a major issue in the U.S., and Biden promised to look into cancelation options during his first run for president.
President Joe Biden is determined to provide debt forgiveness to federal student loan borrowers, despite more than a year of having his plans challenged and shot down in the courts.The ...
The Biden-Harris administration announced early this morning that it will automatically discharge $1.2 billion in federal student loans for eligible borrowers. This move is anticipated to impact ...
Biden has launched other loan relief programs. His SAVE plan has saved nearly 2,000 Wisconsin borrowers $13.8 million, officials announced in late February. Student loan relief is a top issue for ...