Administration Announces $7.7 Billion in Additional Student Loan Relief

Three categories of borrowers were selected for debt cancellation. The Education Department announced the latest round of student loan borrowers selected for debt relief. Three categories of borrowers…

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Student Loan Forgiveness Announced for Art Institute Enrollees

The college closed down after paying a settlement to the Justice Department. The Department of Education announced another round of student loan forgiveness, canceling the debts of students…

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Education Department Drafts Next Wave of Student Debt Relief

The agency proposes canceling debt accrued by high interest rates and long payment plans. The Department of Education released a draft this week of the next wave of…

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President Announces $7.4 Billion in Student Debt Cancellation 

The student loan forgiveness applies to those enrolled in SAVE and other Income-Driven Repayment plans, and Public Service Loan Forgiveness. President Joe Biden’s administration announced another wave of…

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Administration Notifies Public Service Workers of Student Debt Relief

77,700 borrowers approved for a total of $5.8 billion in forgiven loans The Department of Education announced this month that an additional $5.8 billion in federal student loans…

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Education Secretary Details Save Plan Student Loan Forgiveness

State-by-state breakdown published by the department. President Biden’s administration released state-specific details on the forgiveness of $1.2 billion in student loans for nearly 153,000 borrowers through the SAVE…

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President’s Administration Forgives Additional $1.2 Billion in Student Loans

Cancels federal student loans for another 153,000 borrowers. The White House canceled an additional $1.2 billion in student loan debt this week, the cumulative debt of nearly 153,000…

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Student Loan Debt Relief Offered to Borrowers in SAVE Program

Education Department provides debt forgiveness to those who borrowed $12k or less at least 10 years ago. The Department of Education announced that it will be providing loan…

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Administration Cancels Another $5 Billion in Student Loan Debt 

74,000 borrowers who have worked at least ten years in public service receive federal student loan forgiveness. President Biden announced that another $5 billion in student loan debt…

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Administration Approves $4.8 Billion in Student Debt Cancellation

While a bill to repeal the president’s SAVE plan passes in the House of Representatives.  President Biden’s administration approved the cancellation of $4.8 billion in federal student loan…

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