The Biden administration announced Friday the approval of $4.28 billion in additional student loan relief for 54,900 borrowers across the country who work in public service. This relief brings the total loan forgiveness by the administration to approximately $180 billion for nearly 5 million Americans, according to the Education Department. “Four years ago, the Biden-Harris…
President Biden signed off on yet another student debt forgiveness package Friday, giving $4.28 billion to nearly 55,000 public service workers. The Education Department cancelled the debt for student borrowers who have made more than 120 monthly payments as part of its Public Service Loan Forgiveness (PSLF) Program, which incentivizes careers in public service —…
President Joe Biden continues to address the student loan crisis, announcing today that 55,000 more public service workers have been approved for student debt cancellation. This brings the total number of borrowers receiving relief under his administration to nearly 5 million. The 55,000 public servants approved for debt cancellation today are workers who have dedicated…
Move brings total in student loan forgiveness during Joe Biden’s term as president to $180bn, Education Department says. US President Joe Biden’s administration is cancelling student loans for another 55,000 people in the United States, amounting to $4.2bn in debt forgiveness just weeks before his time in office ends. The White House said in a…
Student-debt cancellation coming for public servants, Biden administration says MarketWatch Read the original article here
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington, DC, U.S. December 10, 2024. Kevin Lamarque | Reuters The Biden administration announced on Friday that it would forgive another $4.28 billion in student loan debt for 54,900 borrowers who work in public service. The relief is a result of fixes…
Washington — The Biden administration is canceling federal student loans for another 55,000 workers through an existing program known as Public Service Loan Forgiveness. The Education Department’s announcement Friday targets teachers, nurses, service members, law enforcement officials and others who’ve reached eligibility through the program, which promises to erase loans after 10 years of work…
Biden administration provides $4.28 billion in student debt relief POLITICO Read the original article here
Biden admin cancels $4.3 billion in latest round of student loan relief Axios Read the original article here
Advances in Risk Management of Government Debt OECD Read the original article here