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Biden-Harris Administration Approves Additional 125,000 Americans for Debt Relief

Diverse: Issues in Higher Education

Education Secretary Dr. Miguel Cardona Michael Reynolds — EPA/Bloomberg The Biden-Harris Administration has approved $5.2 billion in additional debt relief for 53,000 borrowers under Public Service Loan Forgiveness programs; nearly $2.8 Secretary of Education Dr. Miguel A. million borrowers.

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After SCOTUS Ruling, Biden Vows to Cancel Student Debt Anyway

Diverse: Issues in Higher Education

Supreme Court struck down President Joe Biden’s plan to cancel nearly half a trillion dollars of student debt, his administration moved quickly to show that it wasn’t giving up. “I Within hours, Biden announced a new plan for loan forgiveness. Indeed, the Biden administration appears to have considered it in 2021.

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Who May Qualify for Student Loan Forgiveness Under Biden’s New HEA Plan

Student Loan Planner

The Education Department has released critical new details on a new student loan forgiveness program that is being developed at the direction of President Biden. The new debt relief plan will be implemented under the Higher Education Act (HEA).

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The Biden Administration Used the Pandemic to Justify Loan Forgiveness. Some Say It Didn’t Need To.

Diverse: Issues in Higher Education

President Joe Biden’s student loan forgiveness plan, which cancels $10,000 of debt for borrowers earning under $125,000 and offers $20,000 of relief to Pell Grant recipients, is scheduled to come before the U.S. The authority comes from a line in the Higher Education Act (HEA) of 1965 that gives the U.S.

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Thirty Million Borrowers Set for Debt Relief

College Planners of America

On April 8, President Biden released the details of his new student loan debt forgiveness plan. The loan cancellations will occur automatically without requiring borrowers to submit an application. The plan would reduce payments for 26 million borrowers and erase all debt for four million more.

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Biden’s New Plan for Student Loan Forgiveness

College Planners of America

President Biden’s Student Loan Forgiveness Plan, as announced last August, was set to cancel $10,000 in Federal student debt for those making less than $125,000 or households with less than $250,000 in income per year. Last week, in its decision in Biden v.

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2023 Year in Review

Diverse: Issues in Higher Education

Coming out of the COVID-19 pandemic, 2023 has been a year notable for its ups and downs on the higher education landscape with the elimination of affirmative action and the implosion of President Joe Biden’s student relief program. The group is currently suing The United States Military Academy West Point.