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The Supreme Court this summer struck down Biden's more sweeping student loan debt relief plan, which would have allowed around 43 million eligible borrowers to cancel up to $20,000 each in debt.
The new plans are the administration’s latest efforts to provide relief to borrowers of student loans after the Supreme Court struck down Biden’s original plan to cancel up to $20,000 in debt ...
On Friday, April 12, the Biden-Harris administration announced an additional $7.4 billion in student loan forgiveness for more than 200,000 SAVE Plan users. This round of forgiveness primarily ...
That's after the Supreme Court last year struck down Biden's earlier student-debt relief plan that used the Heroes Act of 2003 and was meant for 40 million borrowers. ... Up to $20,000 accrued ...
Biden has made it a point to forgive the debt of borrowers who should have already received it under these programs but didn't because of years of administrative errors. Student loan relief and ...
Updated April 12, 2024 at 3:14 PM. WASHINGTON — President Joe Biden announced Friday that his administration is canceling $7.4 billion in student loans for 277,000 borrowers. The White House ...
The alternative debt relief through rulemaking was announced by President Biden after the Supreme Court struck down Biden’s up to $20,000 in student loan cancellation in June. This early draft ...
Biden proposes new student-debt relief. Here's who would benefit. The Biden administration is proposing a rule to reduce or erase the debts of millions of student-loan borrowers. But the new plan ...