President Joe Biden announced Wednesday that he will forgive $10,000 in federal student debt for most borrowers, fulfilling a campaign pledge and …
Biden cancels $10k in student debt
It finally happened! President Biden announced that $10,000 in federal student loan debt will be forgiven for borrowers who make less than $125,000 a year. And, the pause on student loan payments, for those who will still have debt to pay, has been extended through December. CNBC has everything you need to know about the announcement, including how it works, how it will affect your taxes and tips for what to do with the extra cash you’ll have now that you have $10,000 less in debt.
Under the Biden administration's plans to wipe out some student loan debt, one particular type of need-based financial aid that many borrowers …
"I am so happy that Biden kept his promise," said Lea Ceasrine, 28, after the White House announced it will cancel up to $10,000 in federal student …
Borrowers who continued repaying their student loans during the payment pause have a unique opportunity to get a refund — and potentially, maximize …
For millions of Americans, learning Wednesday that the Biden administration plans to move ahead with sweeping student loan forgiveness likely sparked …
President Joe Biden announced on Wednesday that he will forgive up to $10,000 in student debt for most borrowers and up to $20,000 for Pell Grant …
If you're poised to benefit from President Joe Biden's up to $20,000 in student loan forgiveness, you may also be wondering if the erased debt will …
A pause on federal student loan payments that began more than two years ago will now continue through Dec. 31, President Joe Biden said Wednesday. The …
Some policy experts were quick to sound an alarm after President Joe Biden announced a sweeping new plan Wednesday to cancel up to $10,000 in federal …
For the millions of Americans with student debt who have been waiting to hear how the Biden administration would act — if at all — on student loan …
President Joe Biden's long-awaited plan to forgive student debt, announced Wednesday, drew immediate pushback from some lawmakers and consumer groups …
President Joe Biden took executive action on Wednesday, stating that he will forgive $10,000 in federal student debt for most borrowers. Additionally, …
President Joe Biden slammed congressional Republicans who criticized student loan forgiveness after passing tax cuts for the rich. "I will never …