Miguel Cardona

Biden Approves $136 Billion in Targeted Student Debt Relief - 3.7 Million Borrowers Through Alternative Programs

2024-02-12 00:00:00 +0000 UTC | Importance: 7/10

Despite the Supreme Court striking down Biden’s broad student loan forgiveness plan in June 2023, the administration reported on February 12, 2024, that it had approved $136.6 billion in targeted student debt relief for 3.7 million borrowers through existing programs—demonstrating that …

Joe Biden Miguel Cardona student-debt debt-relief joe-biden

Biden Announces $10K-$20K Student Loan Forgiveness Plan - 43 Million Borrowers Eligible

2022-08-24 00:00:00 +0000 UTC | Importance: 9/10

President Joe Biden announced on August 24, 2022, a sweeping student loan forgiveness plan that would cancel up to $20,000 in federal student debt for Pell Grant recipients and up to $10,000 for other borrowers earning less than $125,000 annually ($250,000 for couples), potentially benefiting 43 …

Joe Biden Miguel Cardona student-debt debt-relief joe-biden