The Biden administration has withdrawn two major plans to deliver student loan forgiveness. The proposed regulations would have allowed the secretary of the U.S. Department of Education to cancel student loans for several groups of borrowers, including those who had been in repayment for decades and others experiencing financial hardship.
Some Democratic lawmakers are pressuring the Biden administration to take further action on student loans before President-elect Donald Trump takes office, including finalizing some debt forgiveness it already approved.
The Education Department effectively halts the regulations before the inauguration of Trump, who has voiced opposition to both
President Joe Biden's administration announced on Friday another $4.28 billion dollars in student loan relief for nearly 55,000 public service workers.
The Education Department said it "intends to commit its limited operational resources to helping at-risk borrowers return to repayment successfully."
The Biden administration announced the cancellation of student debt for an additional 55,000 public service workers on Friday.
President Joe Biden’s Department of Education dolled out over $1 billion in diversity, equity, and inclusion grants since 2021, a new Parents Defending Education report shows. Almost half, $489,883,797.
It's officially the end of the road for Biden's attempts to broadly cancel student debt.
With just under a month left in his administration, President Joe Biden managed to fulfill one of his campaign promises, forgiving the student debts of nearly 55,000 borrowers. Do
President Joe Biden's administration rolled out an additional $4.28 billion in student loan forgiveness for borrowers under the Public Service Loan Forgiveness (PSLF) plan Friday.
Hess, a senior fellow and director of education policy studies for the American Enterprise Institute, told the Washington Examiner that under the Biden administration, the department became “a ...
President Joe Biden waited two years into his term in office to issue his first presidential veto, but he's primed to conclude his term with 13.