Frank Duenzl | Picture-Alliance | DPA | AP The Biden administration announced Wednesday thatit would forgive$4.5 billion instudent debtfor 261,000 borrowers who attended the now-defunct Ashford University. Borrowers who qualify for the relief are those who studied at the for-profit, l...
In his final days in office,President Joe Bidenannounced that his administration would forgivestudent debtfor more than 150,000 borrowers. That relief includes will go to 85,000 people who attended schools that "cheated and defrauded their students," 61,000 borrowers with a total and permanent d...
The Biden administration is forgiving $6.1 billion in student debt for 317,000 people who attended The Art Institutes, a for-profit chain of schools that shut down last fall amid allegations of fraud. The latest effort represents President Joe Biden's plan to tackle the nation's$1.7 trillioni...
The Biden administration on Thursday said it is forgiving $1.2 billion in student debt for 35,000 borrowers who work in public service, ranging from teachers to firefighters. The announcement marks the latest round in government loan relief after the Supreme Court last yearblocked President Joe Bid...
Biden forgives $4.28 billion in student debt The Biden administration is forgiving loans for nearly 55,000 borrowers who work in public service. December 21, 2024 Additional Live Streams Live ABC News Live Live Senate Democrats hold all-night session to debate Trump’s OMB nominee...
Department of Education announced it would discharge $5.8 billion in student loans held by more than 300,000 disabled Americans. That’s the third round of student debt forgiveness announced since the Joe Biden administration took power. In total, the Department of Education says its has...
More than 800,000 Americans with student debt who have been in repayment for over 20 years have already started to see those debts canceled, andthe administration estimatesthat over 20 million borrowers could benefit from the SAVE plan.
Since President Joe Biden took office in January, his administration has canceled $9.5 billion in federal student loan debt for more than 563,000 borrowers, according to the Department of Education. When Biden was a presidential candidate, he initiallycampaigned on forgiving up to $10,000worth of...
President Joe Biden on Wednesday introduced a three-part plan that the administration said delivers on his promise to cancel $10,000 of student debt for low- to middle-income borrowers. After much speculation on what Biden would do, the White House announced that the administration would provide...
Biden forgives student loans for another 150,000 borrowers How much you can save by not drinking during 'dry January' The Department of Education memo directs its Federal Student Aid office to continue the Biden administration's work to avoid defaults. ...