Miguel Cardona speaks after President-Elect Joe Biden announced his nomination for Education Secretary at the Queen theatre on December 23, 2020 in Wilmington, Delaware. Cardona, the Connecticut Education Commissioner, will face the urgent task of planning to reopen schools safely during the COVID-19 pandemic. (Photo by Joshua Roberts/Getty Images)(WASHINGTON) The Biden Administration is rolling out another pathway to debt relief for certain student loan borrowers next month.
The program targets people who took out smaller loan balances initially and have been paying their loans down for over a decade, unable to get out from under the debt. It s a component of the SAVE Plan, a new income-driven repayment plan rolled out by the Biden administration last year.
Specifically, people will qualify if they took out less than $12,000 as their initial student loan balance and have been paying it down for 10 years. They also have to be enrolled in SAVE.
The shortened pathway to debt relief
Miguel Cardona speaks after President-Elect Joe Biden announced his nomination for Education Secretary at the Queen theatre on December 23, 2020 in Wilmington, Delaware. Cardona, the Connecticut Education Commissioner, will face the urgent task of planning to reopen schools safely during the COVID-19 pandemic. (Photo by Joshua Roberts/Getty Images)(WASHINGTON) The Biden Administration is rolling out another pathway to debt relief for certain student loan borrowers next month.
The program targets people who took out smaller loan balances initially and have been paying their loans down for over a decade, unable to get out from under the debt. It s a component of the SAVE Plan, a new income-driven repayment plan rolled out by the Biden administration last year.
Specifically, people will qualify if they took out less than $12,000 as their initial student loan balance and have been paying it down for 10 years. They also have to be enrolled in SAVE.
The shortened pathway to debt relief
Staying safe and looking ahead | Ed secretary Cardona outlines plans for schools reopening this fall fox61.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fox61.com Daily Mail and Mail on Sunday newspapers.
Jessica Hill / Associated Press
Emily Huntress Lamont, the daughter of Connecticut Governor Ned Lamont, has accepted a position as a special assistant in the U.S. Department of Education.
Lamont was among a long list of appointees announced by the department last week. The former Connecticut Education Commissioner and now U.S. Secretary of Education Miguel Cardona is her boss.
The 34-year-old worked as a policy associate in Arizona on the Biden for President campaign, and helped her father win the 2018 gubernatorial race in his state.
She also served as program manager at Connecticut COVID Charity Connection. The nonprofit, known as 4-CT, helped streamline Connecticut s philanthropic response to the pandemic.
Title IX protection extends to LGBTQ+ students, Education Department says fox6now.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fox6now.com Daily Mail and Mail on Sunday newspapers.