Jimmy Williams The Biden-Harris Administration announced today the approval of $5.8 billion in additional student loan debt relief for 77,700 borrowers. These approvals are the result of fixes made by the Administration to Public Service Loan Forgiveness (PSLF). Today’s announcement brings the total loan forgiveness approved by the Biden-Harris Administration …
Read More »Department of Education Close To New Student Loan Forgiveness Plan
Jimmy William,s The Department of Education has unveiled a comprehensive proposal for student loan forgiveness, outlining an alternative path after the Supreme Court rejected President Biden’s initial plan for broad debt cancellation. The new approach aims to address financial hardship among federal student loan borrowers through a more bureaucratic administrative …
Read More »Dems Press Biden Administration to Expand Student Debt Relief Plan
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 …
Read More »Biden Administration Approves Additional $5 Billion in Student Loan Debt Relief
Jimmy Williams, Polialert In a move to provide further relief to borrowers, the Department of Education announced on Wednesday the approval of nearly $5 billion in federal student loan cancellations. This brings the total student debt relief granted under the Biden administration to an impressive $132 billion, benefiting more than …
Read More »Which GOP Presidential Candidates Have Plans To Reduce College Debt?
Brooklyn Draisey, Iowa Capital Dispatch All of the Republicans running for president in 2024 oppose President Joe Biden’s efforts to forgive college debt. Some — but not all — of them have offered their own ideas to make higher education more affordable. The pause on student loan repayments that began …
Read More »Biden’s New Student Debt Relief Programs: Who’s Eligible?
President Joe Biden is exploring new student debt relief programs designed to assist various categories of borrowers. These initiatives come in the wake of the Supreme Court’s decision to invalidate Biden’s previous attempt at mass loan forgiveness. On Monday, the Education Department unveiled the text of these proposals, detailing four …
Read More »White House Provides Another $9 Billion In Student Debt Relief As Pandemic Pause Ends
Ariana Figueroa, Florida Phoenix As federal student loan repayments restart, the Biden administration Wednesday announced an additional $9 billion in student loan forgiveness for 125,000 borrowers. “For years, millions of eligible borrowers were unable to access the student debt relief they qualified for, but that’s all changed thanks to President …
Read More »Student Debt Relief Scams On The Rise. Here’s What Borrowers Need To Know.
Casey Quinlan, Wisconsin Examiner Complaints about student debt relief scams are increasing as the date approaches for borrowers to restart payment on their student loans after more than a three-year pause. Consumer protection advocates say that the Biden administration’s student debt relief efforts, the subsequent halting of those policies by …
Read More »GOP Lawmakers Move to Block Biden’s Helping Hand to Student Loan Borrowers
Julia Conley, Common Dreams Just as the Biden administration announced this week that 4 million people have enrolled in its new income-driven repayment plan for student loan borrowers just two weeks after it was launched, Republican lawmakers in Congress announced plans to rip the debt relief away from Americans—saddling them …
Read More »Judge Rejects Right-Wing Effort to Block Student Debt Relief for 800,000+
A federal judge in Michigan has rejected an effort by a pair of right-wing think tanks to stop the Biden administration from canceling the student debt of roughly 804,000 borrowers who have been making payments on their loans for more than two decades. In an 18-page decision on Monday, U.S. …
Read More »Biden Administration Launches New Income-Driven Student Debt Repayment Plan
The Biden administration is introducing a beta website for its new income-driven student loan repayment plan, called the Saving on a Valuable Education (SAVE) plan. This initiative aims to improve the federal student loan system, providing relief to borrowers as federal student loan payments are set to resume in October. …
Read More »800,000 People Are Getting Student Debt Relief. Here’s Who Qualifies.
Nadra Nittle Originally published by The 19th Weeks after the Supreme Court blocked President Joe Biden’s student debt forgiveness plan in June, many borrowers on Friday received some welcome news about loan relief: The Department of Education announced that it will discharge $39 billion in federal student debt for about …
Read More »Vulnerable U.S. House Republicans Who Opposed Student Debt Plan Targeted In 2024
Ashley Murray, New Jersey Monitor Supporters of student loan debt cancellation are organizing to hold GOP lawmakers “accountable” in the 2024 election cycle following the U.S. Supreme Court ruling blocking President Joe Biden’s debt relief plan. The left-leaning Protect Borrowers Action will target 13 U.S. House districts across California, Colorado, …
Read More »Biden Announces New Ways To Forgive Student Loan Debt After Supreme Court Blocks Relief plan
Originally published by The 19th President Joe Biden announced Friday that he plans to pursue new avenues to forgive student debt after the Supreme Court blocked the relief plan he had announced last year to eliminate up to $20,000 in loans for borrowers earning under $125,000 annually. First, Biden said, …
Read More »Five Student Loan Forgiveness Programs That Won’t Be Impacted By The Supreme Court Decision
The Supreme Court is about to make a decision regarding President Joe Biden’s plan to forgive student loans. If the plan is approved, it could eliminate up to $20,000 in federal student loans for many Americans who earn less than the income threshold set by the plan. Some borrowers may …
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