The White House recently announced its plan to cancel $39 billion in federal student loans for over 804,000 borrowers. Despite the U.S. Supreme Court striking down President Joe Biden’s federal student loan forgiveness program, President Biden remains committed to debt relief The U.S. Department of Education issued a news release on July 14, stating that…
Biden’s New Student Loan Forgiveness would reduce student debt and could lead almost 7,000 Arkansans to see a reduction in their student loans. Biden’s New Student Loan Forgiveness for Arkansas The Department of Education released data on numbers for student loan debtors affected by the rejection of the student loan forgiveness plan. But Biden’s…
$805 million in student loan forgiveness is coming to eligible loan borrowers in Colorado under Biden’s new debt relief plan. Over $800 Million in Student Loan Forgiveness Will Provide Debt Relief to Eligible Loan Borrowers in Colorado Following the previously proposed student loan forgiveness, $805 million in student loan forgiveness will be coming to eligible…
President Joe Biden’s administration said on Friday that it was going to automatically erase the debt of hundreds of thousands of debtors after months of delay and a major defeat caused by the Supreme Court this past month. The debt cancellation would relieve 804,000 people who are paying back student loans for $39 billion. It…
With $25,000 in debt, Toledo expected $20,000 to be wiped away, allowing him to pursue life plans such as buying a home and starting a family. Cesar Toledo, along with millions of other borrowers, had hoped to have a significant portion of his student loan debt forgiven under President Biden’s student loan forgiveness program However,…
According to a recent forgiveness proposal unveiled by U.S. President Joe Biden and the Department of Education, most student loan borrowers may be eligible to have a portion of their debt forgiven. The Saving on a Valuable Education (SAVE) plan, which is the greatest economic repayment plan ever made, was finalized by the Biden-Harris administration…
As the fall approaches and repayment plans resume for student loan forgiveness in Ohio, consumer groups are warning of an increased risk of falling victim to student loan forgiveness scams. This threat arises following the U.S. Supreme Court’s decision to block the Biden administration’s student loan forgiveness relief plan, which scammers may view as an…
Last week, the Supreme Court decided on President Biden’s Student Loan Debt Relief Approach that will impact public policymaking for decades. The Supreme Court turned down President Biden’s Student Loan Debt Relief plan The Supreme Court decided on Friday to strike down President Biden’s Student Loan Debt Relief plan to cancel hundreds of billions…
Advocates for student debt relief look into additional ways President Joe Biden might accomplish his aim while thousands of Americans patiently wait for the Supreme Court’s ruling on student loan forgiveness. Biden and the Secretary of Education utilized the power provided by the 2003 Heroes Act to prevent student loan funds throughout the pandemic because…
President Joe Biden has rejected legislation that would have ended his student loan forgiveness program, reaffirming his commitment to working-class families. Biden addressed the Republican-led campaign to prevent his administration’s $400 billion program, which would provide up to $10,000 in student debt relief, with the additional help of up to $20,000 for Pell Grant recipients,…