Biden cancels nearly $6 billion in student debt for public service workers
Over 78,000 public service workers had $6 billion in student loans forgiven due to past administrative failures and Biden's fixes.
Biden's commitment to student debt relief and economic opportunity is highlighted by the recent loan forgiveness announcement for public service workers. [ more ]
Biden cancels nearly $6 billion in student debt for public service workers
Over 78,000 public service workers had $6 billion in student loans forgiven due to past administrative failures and Biden's fixes.
Biden's commitment to student debt relief and economic opportunity is highlighted by the recent loan forgiveness announcement for public service workers. [ more ]
More student loan changes are on the way. Here's what to expect
Monthly payments on the new income-driven repayment plan, SAVE, will be cut in half for some borrowers starting in July 2024.
Borrowers who originally took out $12,000 or less for their degree can get their loans forgiven after 10 years on SAVE, rather than 20 or 25 years. [ more ]
More student loan changes are on the way. Here's what to expect
Monthly payments on the new income-driven repayment plan, SAVE, will be cut in half for some borrowers starting in July 2024.
Borrowers who originally took out $12,000 or less for their degree can get their loans forgiven after 10 years on SAVE, rather than 20 or 25 years. [ more ]