The Biden administration continued its effort to extend student debt relief Thursday, erasing an additional $5.8 billion in federal loans for nearly 78,000 borrowers, including teachers, firefighters and others who largely work in the public sector.
President Joe Biden announced the cancelation of roughly $6 billion in student loans for select public sector workers. On Thursday, Biden announced student debt forgiveness for 78,000 public sector workers, including teachers, nurses, and firefighters. The total number of public sector workers Biden has forgiven student debt for is now 870,000. In total, roughly four […]
The federal government is trying to make sure eligible borrowers are able to get credit for payments made under the Public Service Loan Forgiveness program.
Because of past administrative failures, the some 78,000 affected public service workers such as nurses and teachers never got the relief they were entitled to under the law, Biden said.
Under the Public Service Loan Forgiveness program, 77,700 people working in government and non-profit jobs will see reliefThe Department of Education announced on Thursday plans to cancel $5.8bn in student debt for 77,700 public service workers who qualify under the Public Service Loan Forgiveness (PSLF) program.The program, which was created in 2007, promises student debt cancellation to graduates working full-time in public service jobs in government and the non-profit sector. The program only...
The Biden administration overall has canceled student debt for over 870,000 public service workers, which is $62.5 billion in debt forgiven, according to the White House’s announcement.
The Biden administration overall has canceled student debt for over 870,000 public service workers, which is $62.5 billion in debt forgiven, according to the White House’s announcement.
Mexican President Andrés Manuel López Obrador says he doesn't believe former President Trump would follow through on his pledge to build a wall at the U.S.-Mexico border because of the two countries' economic ties.
Mexican President Andrés Manuel López Obrador says he doesn't believe former President Trump would follow through on his pledge to build a wall at the U.S.-Mexico border because of the two countries' economic ties.
Donald Trump delivered a threat to all of America while at a rally in Ohio. Speaking in his trademark MAGA hat, Trump stated there would be a “bloodbath” if he lost the election. “Now if I don’t get elected, it’s going to be a bloodbath for the whole — that’s gonna be the least of […] The post Trump Says If He Doesn’t Win the Election There Will be a ‘Bloodbath’ first appeared on The Source.
While inflation has corroded the economy across the board, with prices up 18.5% overall, no market has spiraled quite as out of control as housing. As I detailed in the last installment of Tiana’s Take in the Washington Examiner magazine, unlike the rest of the economy, where the Federal Reserve’s monetary tightening has succeeded in […]
President Joe Biden unveiled another round in his steady drip of student debt write-offs on Thursday, announcing that 78,000 public sector workers would not have to repay $6 billion in loans. “From day one of my administration, I promised to fix broken student loan programs and make sure higher education is a ticket to the middle […]