Biden has now dished out $153 billion in student debt relief trying to fix the broken loan system.
In a move aimed at alleviating the burden of student loan debt for millions of Americans, the Biden administration has announced another round of student loan forgiveness, totaling $7.4 billion. This latest announcement comes as part of President Biden’s ongoing efforts to address the issue of student debt in the United States. The decision follows […] The post Biden Administration Announces $7.4 Billion in Student Loan Forgiveness first appeared on The Source.
Michael RaineyApril 12, 2024President Joe Biden on Friday announced another round of student loan forgiveness, part of a piecemeal effort that
Here's everything you need to know about the Biden administration's new
President Biden announced $7.4 billion in new student loan forgiveness days
The White House on Friday announced another round of student loan
The Biden administration said Friday that is using existing student loan forgiveness programs to cancel another round of student debt, totaling $7.4 billion for 277,000 borrowers. Under President Joe Biden, the Department of Education has made it easier for some specific groups of borrowers, like public sector workers, to qualify for loan forgiveness. It also launched a new repayment plan that creates a shorter pathway to loan forgiveness for many low-income borrowers – and is at issue in at...
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The Biden administration announced it will forgive $7.4 billion in student debt for another 277,000 borrowers, its latest round of relief.
This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. Joe Biden marked Monday’s Earth Day by announcing a $7 billion investment in solar energy projects nationwide, focusing on disadvantaged communities, and unveiling a week-long series of what the White House say will be “historic climate actions.” The president was […]
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The announcement kicks off a week of activities aimed at touting his administration's record on climate change