The Education Department announces it will automatically forgive student loans for more than 800,000 borrowers, expected to total $39 billion.
FILE - New graduates line up before the start of a community college commencement in East Rutherford, N.J., May 17, 2018.
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Biden Announces $39 Billion Student Loan Forgiveness—800,000 Borrowers Could Lose DebtsThe Department of Education said lapses in its payment tracking system failed to account for some payments that would have pushed borrowers closer to a certain forgiveness date.
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Biden administration will forgive $39 billion in student debtThe Biden administration reveals plan to forgive $39 billion in student debt for 804,000 borrowers
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Biden administration forgives $39 billion in student loan debt to more than 800,000 borrowersThe Biden administration announced Friday that it will provide $39 billion in automatic loan forgiveness for federal student loans.
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Biden administration announces $39 billion in student debt relief after Supreme Court strikes down last planBREAKING: More than 804,000 student loan borrowers will have their debt cleared in the coming weeks, eliminating more than $39 billion worth of payments due to a fix to income-driven repayment plans, the Biden administration has announced.
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Biden administration announces $39 billion in student debt relief following administrative fixesThe Biden administration announced Friday that 804,000 borrowers will have their student debt wiped away, totaling $39 billion worth of debt.
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Biden administration announces $39 billion in student loan forgivenessThe Biden administration announced Friday that it will forgive the student loans of more than 800,000 borrowers who enrolled in income-driven repayment plans. The plan will forgive $39 billion in federal student loans.
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