resident Joe Biden’s longstanding push that college “should be a pathway to the middle class rather than a financial burden on families” took a significant step forward this week.
The Biden Administration approved an additional 125,000 Americans for $9 billion in debt relief. These measures, achieved through enhancements to income-driven repayment and Public Service Loan Forgiveness, along with debt cancellations for those with permanent disabilities, bring the total approved debt relief during the Biden-Harris Administration to $127 billion for nearly 3.6 million Americans.• $5.
According to a White House Fact Sheet, the Department of Education is also releasing state-by-state totals of debt relief approved under the Biden-Harris Administration through fixes to IDR and Public Service Loan Forgiveness. Further, the Education Department recently disclosed the individuals selected to serve on the negotiating committee and provided an issue paper to guide the initial negotiating session.
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