The Biden administration has been working on developing a fresh, legally sound relief package ever since the Supreme Court rejected its initial plan to cancel student loans. This year could see the elimination of that debt. More than 10 million people might have their college debt forgiven under the alternate idea, which came to be referred to … Read more
Under the Biden administration’s $39 billion debt relief plan, more than 19,000 Hoosiers who borrowed federal student loans will have their remaining debt forgiven. This is supported by the new US Department of Education data, which revealed the number of borrowers who qualified for automatic loan relief and was made public on Tuesday. The change is part of a … Read more
The Biden administration announced on Friday that more than 800,000 borrowers with $39 billion in federal student loans would have their debt erased. The Department of Education said it will begin notifying borrowers today about the automatic discharge of their debt, which will take place in the coming weeks. The debt relief comes just two … Read more
Biden’s student loan forgiveness plan will aim to provide $39 billion in debt relief to over 800,000 eligible loan borrowers. Biden’s Student Loan Forgiveness Plan to Bring Debt Relief to More Than 800,000 Loan Borrowers in Various States With new Biden’s student loan forgiveness plan, the administration will aim to provide $39 billion in debt … Read more