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  1. Biden has also suggested a new program (similar to PSLF) which would forgive a certain amount of student loans for each year the borrower works in a specific career. How much forgiveness should there be? Popular numbers being discussed are between $10,000 and $50,000 per borrower.

  2. NEW Biden Forgiveness Megathread. On August 24th, the White House announced it's plan to forgive up to $20K in federal student loans for many borrowers. You can read the announcement here https://studentaid.gov/debt-relief-announcement. Edit 9/3. The feds have updated the faq quite a bit.

  3. The Public Service Loan Forgiveness (PSLF) program forgives the remaining balance on your federal student loans after 120 payments working full-time for federal, state, Tribal, or local government; military; or a qualifying non-profit.

  4. 8 lis 2024 · The issue came up just once in the September presidential debate, when Trump hammered Harris and Biden for failing to deliver their promise of widespread forgiveness. Trump called it a “total catastrophe” that “taunted young people.”. Biden promised the student loan cancellation program during his run for the presidency.

  5. 30 sie 2022 · The White House announced on Aug. 24 that President Joe Biden will take action this year to cancel thousands of dollars in federal student loan debt for millions of Americans, fulfilling a...

  6. 1 mar 2023 · President Biden announced last year that the federal government would cancel up to $20,000 worth of federal student loans, and about two months later the Education Department began accepting...

  7. 8 kwi 2024 · The new plan would forgive some or all loan debt for nearly 30 million borrowers under the Higher Education Act, the federal law that regulates student loan and grant programs.

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