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Student loan forgiveness application beta version launches

Saturday, October 15 by ABC News

(WASHINGTON) -- A "beta test" of the application for student loan relief went live on Friday evening, launching the Biden administration's sweeping program to cancel student debt for tens of millions of Americans.The Department of Education's test application is a long-awaited first step of the... Read More.

Student loan forgiveness process will be ‘easy,’ White House says as it releases sample application

Tuesday, October 11 by ABC News

(WASHINGTON) -- Biden administration officials on Tuesday previewed the Department of Education's much anticipated student loan forgiveness application process, which they said would be "easy," "straightforward" and resistant to fraud.But the officials did not signal when the loan cancellation applications would be available online... Read More.

Student loan forgiveness: Key dates and details so far

Tuesday, October 4 by ABC News

(WASHINGTON) -- Within days, millions of Americans are expected to be able to take their first steps to cancel up to $20,000 in debt under President Joe Biden's federal student loan forgiveness program -- a multibillion-dollar initiative cheered on by advocates but which already... Read More.

‘Start Here’ takes a look at changes to student loan forgiveness plan

Friday, September 30 by ABC News

(WASHINGTON) -- On Thursday, the Department of Education scaled back President Joe Biden's federal student loan cancellation program to protect against legal challenges by six states, with new guidelines that excluded at least hundreds of thousands of borrowers initially told they qualified for the... Read More.

Biden administration scales back student loan forgiveness for some, amid lawsuits

Friday, September 30 by ABC News

(WASHINGTON) -- President Joe Biden's administration is scaling back his federal student loan cancellation program to protect against legal challenges, including two suits filed this week -- with new guidelines now excluding at least hundreds of thousands of borrowers initially told they qualified for... Read More.

Biden’s student loan forgiveness will cost $400B, new estimate says, as White House pushes back

Monday, September 26 by ABC News

(WASHINGTON) -- President Joe Biden's federal student loan forgiveness plan will cost $400 billion over 10 years, according to a revised estimate this week from the Congressional Budget Office.That's a lower number than from one leading outside estimate, but the nonpartisan federal agency's projection... Read More.

Sanders pushes back on ‘Republicans squawking’ over Biden’s student loan forgiveness plan

Sunday, August 28 by ABC News

(WASHINGTON) -- Sen. Bernie Sanders on Sunday pushed back on Republicans who called President Joe Biden's federal student loan forgiveness plan unfair -- with Sanders arguing the GOP turned a blind eye to government assistance in other sectors."I don't hear any of these Republicans... Read More.

Biden’s loan forgiveness plan to heavily impact Black borrowers

Friday, August 26 by ABC News

(WASHINGTON) -- President Joe Biden's plans to cancel student loans will particularly impact Black Americans, who carry much of the burden of student loan debt."The burden is especially heavy on Black and Hispanic borrowers, who on average have less family wealth to pay for... Read More.

How to have student loans forgiven if you don’t qualify for Biden’s forgiveness program

Friday, August 26 by ABC News

(NEW YORK) -- President Joe Biden fulfilled one of his campaign promises and announced a plan to cancel student loan debt for millions of Americans.The plan, announced Wednesday, forgives up to $20,000 for borrowers earning less than $125,000 a year, will either wipe out... Read More.

Student loan debt forgiveness not guaranteed for all before repayment deadline, WH acknowledges

Thursday, August 25 by ABC News

(WASHINGTON) -- Some of the Americans who qualify for the Biden administration's federal student loan forgiveness plan may not see relief before payments are due again in January, officials acknowledged on Thursday.White House press secretary Karine Jean-Pierre told ABC News at a briefing that... Read More.

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Stories tagged with: forgiveness