Biden Unveils New Student Loan Forgiveness Plan For Millions Of Borrowers

President Joe Biden has announced another new broad student loan forgiveness plan that would cancel the debt of millions of borrowers who haven’t already received debt relief under existing programs. Read More

Borrowers Get $49.2 Billion In Student Loan Forgiveness As One-Time Biden Program Winds Down

Nearly a million borrowers have received student loan forgiveness under a temporary Biden administration program. But the benefits are about to wind down. Read More

Biden Cancels $300 Million In Student Debt As Loan Forgiveness Under This Program Hits Record

The Education Department announced that President Joe Biden canceled $300 million in debt through a student loan forgiveness program that has hit record approval rates. Read More

Latest Loan Cancellation Announcement Won’t Fix Deeper Issues

The latest student loan cancellation proposal will cost $150 billion - making it one of the Biden administration's smaller plans. Read More

277,000 Student Loan Borrowers To Receive $7.4 Billion In Latest Wave Of Debt Forgiveness

The Biden Administration is canceling another $7.4 billion in student loan debt. More than 277,000 borrowers will soon receive notification emails with details of their forgiveness. Friday’s announcem ... Read More

Biden’s New Student Loan Cancellation Plan Is Bigger Than You Think

L) as he announces new actions to protect borrowers after the Supreme Court struck down his student loan forgiveness plan in the Roosevelt Room at the White House on June 30, 2023 in Washington ... Read More

Is More Student Loan Forgiveness On The Horizon?

visit Wednesday, Feb. 21, 2024, by visiting a library in Culver City, where he announced the cancellation of an additional $1.2 billion in student loan debt for about 153,000 borrowers. Read More

Will Biden’s New Student Loan Forgiveness Plan Cancel My Debt?

Whether this new student loan debt relief plan will be passed is unclear. Until then, Kantrowitz recommends signing up for autopay to ensure you don’t miss any payments. You may also qualify for a ... Read More

Biden student loan forgiveness promises coincide with rise in scams

Biden and the Department of Education have also created the Saving on a Valuable Education, or SAVE, Plan to reduce the amount future borrowers repay drastically. The Penn Wharton Budget Model ... Read More

What to know about Biden's latest attempt at student loan cancellation

President Joe Biden has detailed a proposal that would cancel at least some student ... loans, and it would create an application system for individuals to detail other forms of hardship. DO ... Read More

Biden's piecemeal student debt forgiveness 'transformational' for borrowers, advocates say

It has been less than a year since the U.S. Supreme Court blocked President Joe Biden's student loan forgiveness plan. Read More

New Student Loan Forgiveness Plan From Biden Could Help Millions Of People. Here's What You Need To Know

The Biden administration has announced a significant student loan forgiveness plan ... interest of America that we do it. And again, it’s for the good of our economy that’s growing stronger ... Read More