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More Student Loan Forgiveness Is on the Way for PSLF Borrowers. What’s Next for Debt Relief?

On Friday, the Biden-Harris administration announced another $4.28 billion in student loan forgiveness for nearly 55,000 borrowers in the Public Service Loan Forgiveness program. The latest debt cancellation news comes after years of challenges for the PSLF, recent payment pauses and legal disputes over student loan forgiveness. This wave of student loan debt relief is…

Biden scraps debt relief plans, other regs

President Biden has so far forgiven $180 billion in student loans for 4.9 million borrowers. Much more relief is unlikely now. Andrew Caballero-Reynolds/AFP via Getty Images The Biden administration’s ambitious plans to provide debt relief for millions of Americans is officially dead along with a number of other proposed regulatory changes. The administration said Friday…

Biden scraps debt relief plans

President Biden has so far forgiven $180 billion in student loans for 4.9 million borrowers. Much more relief is unlikely now. Andrew Caballero-Reynolds/AFP via Getty Images The Biden administration’s ambitious plans to provide debt relief for millions of Americans is officially dead. The administration said Friday it’s withdrawing two debt relief proposals from consideration. The…