Biden Administration Forgives Student Debt for 277,000 Borrowers

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Education News

Biden Administration,Student Debt,Forgiveness

The Biden administration has announced the forgiveness of student debt for an additional 277,000 borrowers. This comes after President Joe Biden's wide-scale debt cancellation plan was struck down by the Supreme Court. The U.S. Department of Education has been working to improve loan relief programs and has already cleared the education debts of 4.3 million people, amounting to $153 billion in aid.

The Biden administration announced Friday it was forgiving student debt for another 277,000 borrowers.

Mainly by improving current loan relief programs, the department has cleared the education debts of 4.3 million people, totaling $153 billion in aid, while Biden has been in office.The latest round of loan cancellations is a result of the U.S. Department of Education's recent changes and improved oversight of income-driven repayment plans and the popular

Biden Administration Student Debt Forgiveness Borrowers Supreme Court U.S. Department Of Education Loan Relief Programs Education Debts

 

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