Biden-Harris Administration Announces Additional $7.7 Billion in Approved Student Debt Relief for 160,000 Borrowees - eviltoast

This brings the total under this administration to $167 Billion in relief for 4.75 million borrowers.

  • Jesus@lemmy.world
    6·
    6 months ago

    These discharges are for three categories of borrowers

    1. Those receiving Public Service Loan Forgiveness (PSLF)
    2. Those who signed up for President Biden’s Saving on a Valuable Education (SAVE) Plan and who are eligible for its shortened time-to-forgiveness benefit
    3. Those receiving forgiveness on income-driven repayment (IDR) as a result of fixes made by the Administration