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The US Education Department announces plans for new student debt forgiveness
The U.S. Department of Education announced in a press release on Tuesday, that it intended to forgive all federal student loans that 208,000 borrowers received for attending ITT Technical Institut...
President Joe Biden and his Student Loan Forgiveness Plan
According to persons familiar with the situation, the White House is considering canceling at least $10,000 in student debt per borrower by executive action, with momentum growing as President Joe Bid...
Biden Student Loan Forgiveness
Borrowers who receive student loan forgiveness are relieved of their duty to repay a portion or all of their federal student loan debt. The recent high-profile failure of numerous for-profit...
Congressional Democrats Propose $50,000 of Student Loan Cancellation
Congressional Democrats on Thursday called for US President Joe Biden to order up to $50,000 of student loan cancellation. The proposal was led by Senate Majority Leader Chuck Schumer and Senator Eliz...