WASHINGTON (NEXSTAR) – President Joe Biden announced another round of student loan relief on Friday as his time in office winds down. The White House said another 55,000 public service workers will see relief through the Public Service Loan Forgiveness (PSLF) Program. “From Day One of my Administration, I promised to make sure that higher…
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…
The statistic was revealed as the Wrekin Housing Group said it had helped its tenants clear £3 million of debt in the past five years thanks to the work of its in-house advice team. Official insolvency statistics released by the government this week showed that across the country last month, the number of bankruptcies was…
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…
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Biden’s administration posted notices to withdraw its broader student-loan forgiveness plans. The Education Department wrote that it still stands by the legality of the debt relief among lawsuits. The plans aimed to cancel some student debt for over 38 million borrowers. President Joe Biden’s administration has officially scrapped its unfinished rules for broad student-loan forgiveness.…
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Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Sports betting is not going that well. When we last checked in with the industry in August, things were a bit of a mess for both the betting public and the companies that took…
President Biden signed off on yet another student debt forgiveness package Friday, giving $4.28 billion to nearly 55,000 public service workers. 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 canceled the debt for student borrowers who have made more…