While some borrowers may benefit automatically, others need to take action now to potentially qualify for student loan forgiveness. Here’s a breakdown.
President Joe Biden continues to flex executive authority to extend student loan debt relief, despite the Supreme Court throwing out a past attempt at loan forgiveness over the summer.
The Biden administration announced that 80,000 borrowers have been approved for nearly $5 billion in student loan forgiveness under a program that will soon end.
President Joe Biden issued a veto threat Monday against a Republican-led effort in Congress to overturn his administration's income-driven student loan repayment regulation.
The Education Department released draft regulations containing eligibility criteria and proposed student loan forgiveness amounts for Biden s new plan.