Student Loan Forgiveness 2024 Update Biden. And more borrowers may be able to get relief. The education department announced last week that borrowers will have more time to take advantage of a key biden administration student loan forgiveness.
The president is wiping away the loan balances of 277,000 americans. Nearly a million borrowers have received student loan forgiveness under a temporary biden administration program.
April 8, 2024 / 2:09 pm edt / cbs news.
The supreme court ruled on friday that the biden administration had overstepped its authority with its plan to wipe out more than $400 billion in student debt,.
(william hennessy) this article was updated on june 30 at 4:00 p.m.
Under biden’s new save plan, borrowers can qualify for a discharge in as little as 10 years if they originally borrowed $12,000 or less in federal student loans.
