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Feb 21, 2024 · Today, President Biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the Saving on a Valuable Education (SAVE) repayment...
Feb 21, 2024 · For a borrower to be eligible for this forgiveness they must be enrolled in the SAVE Plan, have been making at least 10 years of payments, and have originally taken out $12,000 or less for college. For every $1,000 borrowed above $12,000, a borrower can receive forgiveness after an additional year of payments.
Oct 17, 2022 · How to submit Biden's student loan forgiveness application. Apply now for student loan forgiveness under President Biden's new plan on the Department of Education website. Screenshot/Department...
Aug 24, 2022 · The Department of Education has announced time-limited changes to PSLF that provide an easier path to forgiveness of all outstanding debt for eligible federal student loan borrowers who have...
Jan 19, 2024 · The Biden-Harris Administration announced today the approval of $4.9 billion in additional student loan debt relief for 73,600 borrowers. These discharges are the result of fixes made by the Administration to income-driven repayment (IDR) forgiveness and Public Service Loan Forgiveness (PSLF).
Mar 1, 2023 · President Biden’s move, which has been held up by a court challenge, would mean that the student loan balances of millions of people could fall by as much as $20,000. This F.A.Q. explains how...
4 days ago · More than 34,000 people have left public comments on the Biden administration's new student loan forgiveness proposal. Here's what some of them said. President Joe Biden hopes to start forgiving ...
