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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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…
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…
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…
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…
Statement from President Joe Biden on Nearly $6 Billion in Student Debt Cancellation for 78,000 Public Service Workers
Today, my Administration is cancelling student loans for an additional 78,000 public service workers – teachers, nurses, firefighters, and more – through Public Service Loan Forgiveness. These public service workers have dedicated their careers to serving their communities, but because of past administrative failures, never got the relief they were entitled to under the law.…
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…
Press Call by Secretary of Education Miguel Cardona, White House Deputy Chief of Staff Natalie Quillian, and Senior Administration Officials on Student Debt Cancelation
5:02 P.M. EST MODERATOR: (In progress.) …efforts to cancel student debt. As a reminder, the contents of this call and the materials you all received over email are embargoed until 5:00 a.m. Eastern tomorrow. We will share embargoed materials again at the end of this call with those who RSVP’d. We will begin with on-the-record remarks from Secretary…
Statement from President Joe Biden on Early Student Debt Cancellation for Borrowers Enrolled in SAVE
From Day One of my Administration, I vowed to fix the student loan system and make sure higher education is a pathway to the middle class – not a barrier to opportunity. Already, my Administration has cancelled student debt for 3.6 million Americans through various actions – delivering lifechanging relief to students and families, and…
Statement from President Joe Biden on Another Nearly $5 Billion in Debt Relief for Over 80,000 Student Loan Borrowers
This brings total approved debt cancellation by the Biden-Harris Administration to $132 billion for over 3.6 million Americans Today my Administration is approving another $4.8 billion in student debt cancellation for 80,300 people. This relief is thanks to my Administration’s efforts to fix Public Service Loan Forgiveness, so teachers, members of the military, nurses, and other…
