Published 2 months ago

Biden administration to forgive $7.7 billion in student debt for more than 160,000 borrowers

The Biden administration is forgiving $7.7 billion in student loans for over 160,000 borrowers, adding up to $167 billion for nearly 5 million Americans.
$5.2 billion is allocated for 66,900 Public Service Loan Forgiveness pursuers, $1.9 billion for 39,200 under income-driven plans, and $613 million for 54,300 in the latest SAVE plan.
President Joe Biden aims to make higher education a pathway to the middle class, not an obstacle to opportunity.

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Reuters

Biden cancels $7.7 bln more in student debt for 160,000 borrowers

U.S. President Joe Biden on Wednesday announced the cancellation of another $7.7 billion in student debt for 160,000 borrowers, bringing the total number of people to benefit from his debt relief push to 4.75 million, despite Republican opposition.

2 months ago·United Kingdom

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Associated Press News

Biden administration canceling student loans for another 160,000 borrowers

The Biden administration is canceling student loans for another 160,000 borrowers through a combination of existing programs. The Education Department announced the latest round of cancellation on Wednesday, saying it

2 months ago·United States

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abc News

Biden administration canceling student loans for another 160,000 borrowers

The Biden administration is canceling student loans for another 160,000 borrowers through a combination of existing programs

2 months ago·United States

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CNN

Student loans: Biden administration announces additional $7.7 billion in debt relief

The Biden administration announced the cancellation of an additional $7.7 billion in student loans for 160,000 Americans Wednesday in its ongoing efforts to relieve soaring college debt.

2 months ago·Atlanta, United States

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KRDO

Biden administration canceling student loans for another 160,000 borrowers

By COLLIN BINKLEY AP Education Writer WASHINGTON (AP) — The Biden administration is canceling student loans for another 160,000 borrowers through a combination of existing programs. The Education Department announced the latest round of cancellation on Wednesday, saying it will erase $7.7 billion in federal student loans. With the latest action, the administration said it has canceled $167 billion in student debt for nearly 5 million Americans t…

2 months ago·Colorado Springs, United States

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KIFI

Biden administration canceling student loans for another 160,000 borrowers

By COLLIN BINKLEY AP Education Writer WASHINGTON (AP) — The Biden administration is canceling student loans for another 160,000 borrowers through a combination of existing programs. The Education Department announced the latest round of cancellation on Wednesday, saying it will erase $7.7 billion in federal student loans. With the latest action, the administration said it has canceled $167 billion for nearly 5 million Americans through several f…

2 months ago·Idaho Falls, United States

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