On Day One of my Administration, I promised to fight for hardworking families and to fix problems in the student loan system that have been failing borrowers for too long. I’m proud that my Administration is delivering on that promise and has already approved over $116 billion in debt cancellation for 3.4 million Americans –…
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Statement from Vice President Harris on Biden-Harris Administration’s new SAVE Plan for Student Loan Repayment
Every American deserves the opportunity to pursue a college education without the burden of unmanageable student loan debt. President Joe Biden and I are committed to delivering relief to student loan borrowers. Today, we are announcing the new SAVE Plan – a new repayment plan that will save the typical borrower around $1,000 a year. Tens of millions of Americans…
A Proclamation on American Education Week, 2024
During American Education Week, we celebrate the power and promise of our Nation’s public education system, which has empowered so many students to realize their full potential regardless of their zip code. We show gratitude for educators and staff, who ensure that our schools are filled with hope and possibilities. And we recommit to ensuring each…
Statement from President Joe Biden on Student Debt Relief Action for University of Phoenix Borrowers
On Day One of my Administration, I promised to fight for hardworking families and to fix problems in the student loan system that have been failing borrowers for too long. As part of that effort, my Administration has approved over $117 billion in debt relief to over 3.4 million borrowers, including over $14 billion in relief…
Remarks by President Biden on the Administration’s Efforts to Cancel Student Debt and Support Students and Borrowers
Roosevelt Room 1:16 P.M. EDT THE PRESIDENT: Good afternoon. Before I speak about student debt relief, I want to make — take a minute to talk about what took place yesterday in the Congress. I’ll be very brief. The House will now reorganize and select a new Speaker. I know it’s going to take some time. But I…
Neera Tanden Remarks at the SAVE Day of Action
As Prepared For Delivery: Good morning, everyone! Thanks so much for joining us here at the White House for today’s SAVE Day of Action. From Day One, President Biden and Vice President Harris have been focused on bringing down the costs of college. And alleviating the burden of crushing student debt for tens of millions…
FACT SHEET: The Biden-Harris Administration Launches the SAVE Plan, the Most Affordable Student Loan Repayment Plan Ever to Lower Monthly Payments for Millions of Borrowers
See President Biden’s Video Announcing the Plan HERE: “Today I’m proud to announce a new program called the SAVE Plan. It’s the most affordable student loan plan ever.” Borrowers can sign up by visiting StudentAid.gov/SAVE The Biden-Harris Administration believes that education beyond high school should unlock doors to opportunity, not leave borrowers stranded with debt they cannot…
Statement from President Joe Biden on Student Debt Relief Action in Colorado
From Day One of my Administration, I promised to rebuild the middle class, and to fight for hardworking American families. Today, we are taking another significant step to deliver on that promise by canceling $130 million in debt for 7,400 student borrowers who attended CollegeAmerica in Colorado. These borrowers were lied to, ripped off, and…
Remarks by Vice President Harris in a Roundtable Discussion on Student Debt Relief
William Cramp Elementary SchoolPhiladelphia, Pennsylvania 4:57 P.M. EDT THE VICE PRESIDENT: Let me start by thanking the leaders of William Cramp Elementary School. I was just saying to the leaders at this table that it’s such a joy to walk around a school where there is clearly so much love and dedication that the school…
FACT SHEET: Vice President Kamala Harris, Administration Officials Launch “SAVE Day of Action” to Highlight Cross-Sector Actions to Boost Enrollment in the SAVE Plan
Vice President Harris highlights: “President Biden and I know that far too many people in our nation are struggling with student loan debt. That is why we have forgiven nearly $144 billion for almost four million Americans while also creating the SAVE Plan so that millions of people can cut their payments in half or…
