With Tuesday's announcement, the White House has approved $14.7 billion in debt relief for 1.1 million student loan borrowers "whose colleges took advantage of them or closed abruptly," such as those who attended CollegeAmerica, Biden said in the statement....
Students and borrowers can benefit from President-elect Joe Biden's plans for student loan debt, the Pell Grant and tuition-free college.
Former University of Rochester student Makia Green(pictured)has about $20,000 in student debt and has “been counting on President Joe Biden’s promised debt relief to wipe nearly all of that away.” Green, now a community organizer who already had part of her debt forgiven via the AmeriCor...
"it erases the debt of about a third of all student loan borrowers," according to Kantrowitz. And, the outstanding education debt in the country would fall to around $1.3 trillion, from $1.7 trillion.
A U.S. District Court judge in Texas, Mark Pittman, has vacated the federal debt relief program, calling it “unlawful.” The judge, who was appointed by former President Trump, concluded that the program was a “complete usurpation” of the authority of Congress. The current administration’...
President Joe Biden implemented a historic amount of student debt relief that was challenged by Republicans. By Wire ServicesNov 7, 2024 Abbott’s order on antisemitism at colleges likely violates First Amendment, judge says A Texas judge allowed a lawsuit against the executive order to move forwa...
As a result, millions of teachers, military personnel, nurses, first responders and nonprofit workers are unable to get the student debt relief they were promised. President Joe Biden's proposed federal budget accounts for making thorough improvements to PSLF. But until tangible progress is...
In June, President Joe Biden's federalstudent loan forgiveness plan– which would have provided up to $20,000 in debt relief to eligible borrowers – was struck down by the U.S. Supreme Court. However, the administration has sinceannouncedseveral new initiatives to...
The pause is set to expire on August 31, but Biden has yet to decide whether he will extend it again. Americans’ attitudes toward student debt relief are sharply divided along partisan and generational lines. A majority of Democrats in a May CNN poll (56%) – and an even wider major...
Biden administration kicks off Plan B of student debt relief education Inside Joe Biden’s new student loan repayment plan 'Good' or 'dark day': Reactions to affirmative action ruling roll in Q&A He Led the Fight Against Affirmative Action in California. Now, the Country Is Following His Lead...