U.S. forgives 40,000 student loans, provides aid to 3.6 million more
Student loan debt is seen as a drag on the economy, burdening young professionals for years after graduation, while the wide availability of loans has contributed to rising tuition.
Biden's Latest Student Debt Move Will Bring 3.6 Million Borrowers Closer To Loan Forgiveness
(CNN) — The Department of Education is making more changes to the federal student loan system that will help bring millions of borrowers — some of whom may have previously been in forbearance — closer to receiving debt forgiveness.These new actions, announced Tuesday, are the latest moves by the Biden administration to make it easier for federal student loan borrowers to receive forgiveness that they may already be entitled to under existing pro…
Feds: Thousands may have student debt that should be erased
Record-keeping failures by the federal government may have left thousands of Americans saddled with student debt that should have been automatically canceled through a benefit for low-income borrowers, according to
Biden's latest student debt move will bring 3.6 million borrowers closer to loan forgiveness
The Department of Education is making more changes to the federal student loan system that will help bring millions of borrowers -- some of whom may have previously been in forbearance -- closer to receiving debt forgiveness.