Tag Archives: student debt cancellation

Jimmy Williams The Biden-Harris Administration announced today that approximately $4.5 billion in additional student loan relief has been approved for around 60,000 public service workers across the country. This comes as part of a broader effort to fix and expand the Public Service Loan Forgiveness (PSLF) Program. The relief adds …

Jimmy Williams The Biden Administration has approved the cancellation of another $1.2 billion in student debt for approximately 153,000 borrowers who have diligently repaid relatively modest student loans over the past decade or more. This step is part of the administration’s commitment to address the challenges faced by student loan …

Jimmy Williams The Biden administration has announced the cancellation of $5 billion in student debt for 74,000 borrowers, marking a new wave of loan forgiveness. President Joe Biden stated that 44,000 of the approved borrowers, including teachers, nurses, and firefighters, had their education debt wiped clean after a decade of …

Seven members of Congress on Monday sounded the alarm about the Biden administration’s evolving student debt cancellation plan and called on U.S. Secretary of Education Miguel Cardona to use his authority to provide broad relief. After the right-wing U.S. Supreme Court in June struck down President Joe Biden’s initial debt …

Ariana Figueroa, Michigan Advance As the Biden administration prepares to defend its student debt cancellation program before the U.S. Supreme Court on Feb. 28, data shows that Black borrowers have the most to lose should a majority conservative court strike down the policy. Black borrowers hold a disproportionate share of …

Jake Johnson, Common Dreams In an unsigned order Friday night, the conservative-dominated Eighth Circuit Court of Appeals temporarily barred the Biden administration from moving ahead with student debt cancellation as judges weigh an effort by Republican attorneys general to block the program. The court’s one-page order said it decided to grant the …