Next steps in Biden's loan cancellation plan
AP News - 2024-04-12T09:07:41.000Z

The Biden administration is canceling student loans for another 206,000 borrowers as part of a new repayment plan that offers a faster route to forgiveness.

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Biden’s latest plan for student loan cancellation moves forward as a proposed regulation
President Joe Biden’s latest plan for student loan cancellation is moving forward as a proposed regulation, offering him a fresh chance to deliver on a campaign promise and energize young voters ahead of the November election. The Education Department on Tuesday filed paperwork for a new regulation that would deliver the cancellation the Democratic president announced last week. The regulation has to go through a public comment period and another review before it can be finalized. The regulation...
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If you’re confused about President Joe Biden’s various student loan debt-cancellation schemes, who can blame you? And on Tuesday, the Biden administration unveiled its third Read More
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Biden announces new plan to cancel student loans for 30m borrowers
Plan targets borrowers who accrued high level of interest on debt and those who have been in repayment for at least 20 years Joe Biden announced plans to cancel student loans for 30 million borrowers on Monday, the administration’s latest push on addressing student debt before the presidential election.The plan primarily targets borrowers who have accrued a high level of interest on their debt and those who have been in repayment for at least 20 years. Borrowers who face extreme economic...
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- 2024-04-08T19:57:39.000Z

In related news

Biden’s latest plan for student loan cancellation moves forward as a proposed regulation

Biden’s ‘Plan C’ Scheme for Canceling Student Loan Debt Also Gets an ‘F’

Biden announces new plan to cancel student loans for 30m borrowers