The administration of US President Joe Biden announced on July 14 that it would automatically write off $39 billion in student debt for 804 borrowers. More about this was told by CNBC. This is the result of adjustments to income-focused student loan repayment plans. According…

The White House on Sept. 20 released a statewide student debt relief bulletin that could eliminate student debt for 20 million borrowers, TheHill reported. About 90 percent of the pending aid will go to Americans earning less than $75, according to a White House newsletter...

The Department of Education announced Aug. 16 that it will cancel nearly $4 billion in federal student loans for 208 borrowers who were scammed by the popular commercial institution, CNBC reported. To all the remaining students who attended the now defunct ITT Institute of Technology (ITT) in…

In recent months, the administration of US President Joe Biden has approved billions of dollars in student loan write-offs for hundreds of thousands of borrowers. And there may be more to come. What borrowers need to know, according to Forbes. Some of these initiatives are temporary and…

On August 19, the US Department of Education announced that it had written off $ 5,8 billion in student loans to more than 320 borrowers. Writes about this CNBC. Debt forgiveness, which will go to borrowers with full and permanent disabilities, will be automatically provided using the data already available ...