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WASHINGTON — President Joe Biden announced Friday that his administration is canceling $7.4 billion in student loans for 277,000 borrowers.
The Education Department announced the latest round of cancellation on Wednesday, saying it will erase $7.7 billion in federal student loans.
The new rules would prevent schools from making students sign mandatory arbitration agreements and provide automatic student debt relief a year after a school closes, according to The Hill.
Thousands of dollars in student loan debt will be canceled for millions of borrowers in California and other states under the new federal plan, which will forgive $10,000 in student loan...
WASHINGTON, DC — Millions of American borrowers will see thousands of dollars in student loan debt canceled under a long-awaited federal plan announced by President Joe Biden on Wednesday.
The Biden administration discharged another $4.8 billion in student loan debt for more than 80,000 borrowers, the Education Department announced Wednesday.
Student loan forgiveness: If you have federal student loans, you may be eligible for student loan forgiveness. You may qualify if you’re a teacher or a medical professional, work for a...
On Friday, the Department of Education announced that it will begin discharging student loan debts for borrowers who’ve been in repayment for 20-25 years under a one-time payment adjustment.
Biden administration officials on Monday unveiled the details of a new plan to forgive student loan debt, suggesting that millions of Americans could start seeing debt relief as soon as this...
Some checks are starting to be sent to certain student loan borrowers even though, as result of a court order, the Biden administration is temporarily blocked from processing debt discharges.
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