Michael RaineyMay 22, 2024The Biden administration announced Wednesday that it is canceling another $7.7 billion in student loans held by
The latest round of debt relief will be delivered to about 160,000 borrowers who are either enrolled in the president’s repayment program, public servants or in repayment for decades.
President Joe Biden announced a new round of federal student debt forgiveness Wednesday that his administration said will provide relief to 160,000 borrowers. The Education Department said it's canceling $7.7 billion for certain borrowers who received Public Service Loan Forgiveness, like teachers, nurses and law enforcement officials. The debt relief also applies to some borrowers who signed up for a relatively new income-driven repayment plan known as SAVE and who qualify for a benefit that...
Joe Biden announced he will be erasing $7.7 billion in student debt for
The Biden administration on Wednesday announced the cancellation of an additional $7.7 billion in student loans for 160,000 Americans in its ongoing efforts to relieve soaring college debt. As the November election looms, the administration has been eager to highlight progress in its debt cancellation programs, making announcements such as this one nearly once a month. President Joe Biden has faced blowback from Republicans who accuse the administration of transferring the burden to taxpayers...
Biden Cancels Another $7.7 Billion In Student Debt For 160,000 Borrowers Authored by Naveen Athrappully via The Epoch Times, President Joe Biden announced his latest student loan forgiveness plan by canceling $7.7 billion in debts, taking the total amount of such loans canceled under his administration to $167 billion. “Today, my Administration is canceling student debt for 160,000 more people, bringing the total number of Americans who have benefitted from our debt relief...
The White House on Wednesday said it has approved $7.7 billion of student debt cancellation for 160,500 borrowers, part of its ongoing effort to provide relief after the Supreme Court last year blocked President Joe Biden's plan for broad-based college loan forgiveness. With the latest round of forgiveness, the administration has erased a total of $167 billion in student loans for 4.75 million people, or about 1 in 10 student loan borrowers, the Department of Education said. The people who...
The latest student-loan forgiveness announcement means that more than one out of every 10 federal borrowers has now been approved for debt relief.
Scale AI has raised $1 billion in a Series F funding round that values the enterprise tech company at $13.8 billion — almost double its last reported valuation.
To make the most of this once-in-a-lifetime adventure, careful planning and preparation are essential. Here are seven tips to ensure you have an unforgettable safari experience. 1. Choose the Right Time to Go The timing of your safari can significantly impact your experience. Africa's climate varies across regions, so research the best time to visit your chosen destination. Generally, the dry season (June to October) is ideal for game viewing as animals congregate around water sources. In East...
Amazon's cloud computing division AWS will invest 15.7 billion euros ($17 billion) to expand its data centres in Spain's Aragon region through to 2033, the US tech giant said Wednesday.The move comes on the heels of its announcement this month of a 7.8 billions euro investment to build a cloud centre in Germany, and 1.2 billion euros in France to develop cloud infrastructure and logistical infrastructure of its parcel delivery service.Amazon in 2021 had planned to invest 2.5 billion euros in...
Investing in green companies not only addresses pressing environmental concerns but offers compelling financial returns as well.