Remove three-new-student-debt-relief-initiatives
article thumbnail

Biden’s Three New Student Debt Relief Initiatives, in Response to Student Loan Forgiveness Loss

Student Loan Planner

After President Biden’s one-time student loan forgiveness plan was struck down by the Supreme Court last week, top administration officials and advocacy groups slammed the conservative majority that denied student debt relief to millions of borrowers. “We

article thumbnail

Biden-Harris Administration Announces New Plans for Debt Relief

Diverse: Issues in Higher Education

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.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

225 Organizations Urge Biden to Extend Federal Student Loan Payment Pause

Diverse: Issues in Higher Education

A coalition of 225 organizations representing students, workers, and people of color have called on President Joe Biden to extend the federal student loan payment pause and to use every legal authority available to enact the debt relief. 31, 2022, resuming federal student loan payments in the new year.

article thumbnail

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. Pell Grant recipients would have gotten an additional $10,000 of debt forgiven.

article thumbnail

Report: How Universities Are Preparing for The End of The Pandemic Loan Pause

Diverse: Issues in Higher Education

About 43 million people are expected to resume or start repayments of their student loans. The National Association of Student Financial Aid Administrators (NASFAA) has issued its final report and a toolkit for financial aid professionals across the nation in anticipation of the resumption of federal student loan repayments.

article thumbnail

Student Borrowers Speak Out at Hearing on New Debt Relief Plan

Diverse: Issues in Higher Education

Supreme Court struck down President Joe Biden’s student loan forgiveness program last month, he vowed that his administration would not give up the fight, swiftly announcing plans to offer debt relief under an alternative authority , the Higher Education Act of 1965. After the U.S. It feels like I’m being punished.”

Students 168
article thumbnail

Biden-Harris Administration to Hold Third Negotiated Rulemaking Session on Student Debt Relief

Diverse: Issues in Higher Education

Department of Education (ED) released an updated copy of proposed regulatory text in its pursuit towards student debt relief. The Biden-Harris Administration has already secured a total of $127 billion in debt relief for 3.6 The third will take place Dec. Secretary of Education Dr. Miguel A.