student loan forgiveness

The Education Department has canceled around $6.8 billion in student debt for more than 110,000 borrowers through the public service loan forgiveness waiver.

The White House was notably more measured about Biden’s stance, but such moves would be a boon to many of the 43 million Americans carrying student loans.

A new federal report finds that record-keeping failures by the Education Department may have left thousands of Americans stuck with student debt that should have been forgiven.

University of Southern Maine has released a student loan forgiveness program. University of Southern Maine’s President, Glenn Cummings said that he hopes the program will encourage students who may have left the University to return and finish their degrees, along with giving graduates a step ahead in finding work and stability once they graduate.

A Maine university is forgiving an average of approximately $2,100 in debt for hundreds of its students. This week, notices went out to more than 730 students at the University of Southern Maine (USM) explaining that the school had automatically deducted that amount from their accounts. “We’ve gotten some really positive notes from students saying, ‘wow, this is a big…

The University of Southern main is forgiving an average of more than $2,000 in debt for hundreds of its students.

Thousands of public service workers around the country are receiving welcome news for the holidays: the federal government is forgiving their student loan debt. The development comes after they were initially rejected for a program intended to reward their chosen career path. However, after the Biden administration announced a limited waiver period in October, many of those workers are now…

The Biden administration has extended the pause on federal student loan payments until the end of January.

For many, the American dream includes a college education, but that education comes with a hefty price tag. Nearly 45 million Americans owe more than $1.7 trillion in federal student loan debt. Sen. Elizabeth Warren said canceling student loan debt is the single most effective executive action that President Biden can take. And he has said he is prepared to...