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  1. Feb 21, 2024 · February 21, 2024. Contact: Press Office, (202) 401-1576, press@ed.gov. The Biden-Harris Administration today is announcing that it will automatically discharge $1.2 billion in loans for nearly 153,000 borrowers who are eligible for the shortened time to forgiveness benefit under President Biden’s Saving on a Valuable Education (SAVE) Plan.

  2. www.whitehouse.gov › briefing-room › statements-releasesFACT SHEET: The Biden-

    Aug 22, 2023 · The SAVE plan will cut many borrowers’ monthly payments to zero, will save other borrowers around $1,000 per year, will prevent balances from growing because of unpaid interest, and will get more...

  3. May 8, 2023 · May 8, 2023. Contact: Press Office, (202) 401-1576, press@ed.gov. To mark Public Service Recognition Week, the U.S. Department of Education (Department) today announced that, as of the beginning of May 2023, it has approved a total of $42 billion in Public Service Loan Forgiveness (PSLF) for more than 615,000 borrowers since October 2021.

  4. Aug 28, 2023 · Touts a "new government program" to bail out personal credit card debt; Guarantees it can make your debt go away; Tells you to stop communicating with your creditors; Tells you it can stop all debt collection calls and lawsuits; or. Guarantees that your unsecured debts can be paid off for pennies on the dollar.

  5. Oct 4, 2023 · The Biden-Harris administration announced today that an additional 125,000 Americans have been approved for $9 billion in debt relief through fixes the U.S. Department of Education has made to income-driven repayment (IDR) and Public Service Loan Forgiveness (PSLF), and granting automatic relief for borrowers with total and permanent disabilities.

  6. SBA offers debt relief to existing SBA loan borrowers whose businesses have been impacted by COVID-19. Content. 7 (a), 504, and microloans. Initial debt relief assistance.

  7. Feb 20, 2024 · Rebecca Lake, Daphne Foreman. Banking Expert, Editor. Updated: Feb 20, 2024. Feeling overwhelmed by credit card bills, student loan payments, or other debts? Seeking out debt relief can help...

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