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18 mar 2021 · Income-Driven Student Loan Forgiveness Act. This bill requires the Department of Education (ED) to forgive the outstanding balance of principal, interest, and fees due on federal student loans for eligible borrowers who meet certain income requirements.
You may qualify for forgiveness of the remaining balance due on your eligible federal student loans based on your employment in a public service job.
Borrowers with certain non-Direct Loans will need to act by June 30, 2024, to benefit from this adjustment. Learn about the payment count adjustment and any actions you should take. 2
21 lut 2024 · Today, President Biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the Saving on a Valuable Education (SAVE) repayment...
22 maj 2024 · Today’s announcement brings the total loan forgiveness approved by the Biden-Harris Administration to $167 billion for 4.75 million Americans. Thanks to this Administration’s efforts more than one out of every 10 federal student loan borrowers has now been approved for some debt relief.
12 kwi 2024 · Today’s announcement brings the total loan forgiveness approved by the Biden-Harris Administration to $153 billion for nearly 4.3 million Americans. Thanks to this Administration’s efforts one out of every 10 Federal student loan borrowers has now been approved for some debt relief.
18 lip 2024 · July 18, 2024. The Biden-Harris Administration announced today the approval of roughly $1.2 billion in additional student loan relief for 35,000 borrowers across the country who work in public service.
