Today, Biden-Harris Administration leaders will fan out across the country as President Biden announces his Administration’s new plans to cancel student debt for tens of millions of Americans. The plans, if implemented, would provide debt relief to over 30 million Americans when combined with actions the Biden-Harris Administration has already taken to cancel student debt…
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President Joe Biden Announces $7.4 Billion in Student Debt Cancellation for 277,000 More Americans, Pursuing Every Path Available to Cancel Student Debt
New debt cancellation for borrowers enrolled in SAVE, other Income-Driven Repayment plans, and Public Service Loan Forgiveness comes on the heels of President Biden announcing new plans that could benefit tens of millions of Americans. Today, President Biden announced that 277,000 more Americans will get their student debt canceled, bringing the total debt relief approved…
FACT SHEET: President Biden Announces Over 1 Million Public Service Workers Have Received Student Debt Cancellation Under the Biden-Harris Administration
Today, President Biden announced an additional $4.5 billion in student debt cancellation for over 60,000 borrowers through the Public Service Loan Forgiveness (PSLF) program, bringing the number of public service workers who have had their student loans cancelled to over 1 million people during the Biden-Harris Administration. Before President Biden and Vice President Harris took…
FACT SHEET: President Biden Cancels Student Debt for more than 150,000 Student Loan Borrowers Ahead of Schedule
Today, President Biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the Saving on a Valuable Education (SAVE) repayment plan. The Biden-Harris Administration has now approved nearly $138 billion in student debt cancellation for almost 3.9 million borrowers through more than two dozen executive actions. The…
Statement from President Joe Biden on Student Debt Cancellation for Over 1 Million Public Service Workers Under the Biden-Harris Administration
Today, my Administration is approving another $4.5 billion in student debt cancellation for over 60,000 public service workers – bringing the total number of Americans who have had their debt cancelled under Public Service Loan Forgiveness during my Administration to over 1 million people. Public service workers – teachers, nurses, firefighters, and more – are…
Statement from President Joe Biden on $6.1 Billion in Student Debt Cancellation for 317,000 Borrowers who Attended the Art Institutes
Today, my Administration is approving $6.1 billion in student debt cancellation for 317,000 borrowers who attended the Art Institutes. This institution falsified data, knowingly misled students, and cheated borrowers into taking on mountains of debt without leading to promising career prospects at the end of their studies. While my predecessor looked the other way when…
Statement from President Joe Biden on $7.7 Billion in Student Debt Cancellation for 160,000 Borrowers
Today, my Administration is canceling student debt for 160,000 more people, bringing the total number of Americans who have benefitted from our debt relief actions to 4.75 million. Each of those borrowers has received an average of over $35,000 in debt cancellation. These 160,000 additional borrowers are people enrolled in my Administration’s SAVE Plan; are…
Press Call by Press Secretary Karine Jean-Pierre, Secretary of Education Miguel Cardona, and Senior Administration Officials on President Biden’s Efforts on Student Debt
Via Teleconference 6:32 P.M. EDT MR. FERNÁNDEZ HERNÁNDEZ: Good afternoon, everyone. Thank you for joining our press call regarding the President’s ongoing efforts to cancel student debt. Today’s call will begin with on-the-record remarks from White House Press Secretary Karine Jean-Pierre and U.S. Secretary of Education Miguel Cardona. After the remarks, there will be a…
FACT SHEET: President Biden Announces New Plans that would Provide Relief to Borrowers Disproportionately Burdened by Student Loan Debt
From Day One President Biden vowed to fix the Federal student loan program and make sure higher education is a ticket to the middle class – not a barrier to opportunity. To date, the Biden-Harris Administration has taken historic action to approve debt cancellation for 4 million borrowers, helping these borrowers get more breathing room…
Statement by President Joe Biden on Next Steps on Student Debt Cancellation
Today, my Administration took another major step to cancel student debt for approximately 30 million Americans. By providing more information to borrowers on how they can take advantage of our upcoming debt relief programs, borrowers will be prepared to benefit swiftly once the rules are final. Despite attempts led by Republican elected officials to block…
