Diverse: Issues in Higher Education

APRIL 8, 2024

The Biden-Harris Administration has released initial details of a new set of plans to provide student debt relief to borrowers nationwide. The plans would include 4 million borrowers who have already been approved for debt cancellation by the Biden-Harris Administration over the past three years. From PSLF, there is $62.5

Administration 288

Administration Administration Higher education Student loans 288

Diverse: Issues in Higher Education

APRIL 12, 2024

The Biden-Harris Administration has announced the approval of $7.4 billion in additional student loan debt relief for 277,000 borrowers, primarily eligible borrowers who signed up for the Saving on a Valuable Education (SAVE) Plan. Its newly approved relief brings the total loan forgiveness to $153 billion for nearly 4.3

Administration 239

Administration Administration Student loans Students 239

Diverse: Issues in Higher Education

APRIL 16, 2024

The Biden-Harris Administration released its first set of draft rules that propose to provide student debt relief for tens of millions of borrowers across the country. Student loan forgiveness isn't only about relief for today's borrowers,” said U.S. Secretary of Education Dr. Miguel A.

Student loans 221

Student loans Application Higher education Success 221

NCLC Student Loan Borrower Assistance

JANUARY 12, 2024

Today, the Biden-Harris Administration announced that some borrowers will soon begin receiving debt cancellation after as few as 10 years in repayment, instead of the 20 to 25 years of payments previously required for most borrowers. The Department of Education has an FAQ with more details about how this program will work here.

Student loans 124

Student loans Administration Administration Education 124

NCLC Student Loan Borrower Assistance

APRIL 12, 2024

So far, over 4 million people have gotten student debt cancellation as a result of relief programs and fixes to those programs by the Biden Administration. This proposal is especially important to borrowers who have been the most burdened by the student loan system and its failures.

Student loans 52

Student loans Students First generation Administration 52

College Planners of America

JANUARY 10, 2023

Student loan balances have spiked in the last few years. To reduce this burden, President Biden announced the Student Loan Forgiveness Plan (the Plan) in August 2022. It forgives $10,000 of student debt for borrowers earning less than $125,000 per year, and up to $20,000 for former Pell Grant recipients.

Student loans 52

Student loans Financial aid Administration Administration 52

Diverse: Issues in Higher Education

FEBRUARY 16, 2023

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. Secretary of Education the power to “modify” and to “compromise, waive, or release” claims against students.

Administration 203

Administration Administration Student loans Higher education 203