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…
Search Results
Search results for: “student debt”
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…
Remarks by President Biden on the Supreme Court’s Decision on the Administration’s Student Debt Relief Program
Roosevelt Room 4:02 P.M. EDT THE PRESIDENT: Hello, folks. Q Hello, President. THE PRESIDENT: There you go, Mr. Secretary. Let me begin by saying I know there are millions of Americans — millions of Americans in this country who feel disappointed and discouraged, or even a little bit angry, about the Court’s decision today on…
Remarks by President Biden on Student Debt Relief
Central New Mexico Community CollegeAlbuquerque, New Mexico 1:55 P.M. MDT THE PRESIDENT: Thank you, thank you, thank you. (Applause.) MS. SANCHEZ: Thank you for this opportunity. THE PRESIDENT: Thank you. Please, have a seat. Thank you. Thank you, thank you, thank you. Well, hello, New Mexico. AUDIENCE: Hello! THE PRESIDENT: Kristi, thanks for that introduction. And, you know, my wife’s a full-time community…
President Joe Biden Outlines New Plans to Deliver Student Debt Relief to Over 30 Million Americans Under the Biden-Harris Administration
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…
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.…
Statement from President Joe Biden on $7.4 Billion in Student Debt Cancellation for 277,000 More Borrowers
Today, my Administration is canceling student debt for 277,000 more people, bringing the total number of Americans who have been approved for debt relief so far under my Administration to 4.3 million borrowers through various actions. These 277,000 borrowers are enrolled in my Administration’s SAVE Plan, or were approved for relief because of fixes we…
Statement from President Joe Biden on Nearly $5 Billion in Additional Student Debt Cancellation for 74,000 Borrowers
Today, my Administration approved debt cancellation for another 74,000 student loan borrowers across the country, bringing the total number of people who have gotten their debt cancelled under my Administration to over 3.7 million Americans through various actions. Of the 74,000 borrowers approved for relief today, nearly 44,000 of them are teachers, nurses, firefighters and…
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 New Student Debt Relief Actions
I have long said that college should be a ticket to the middle class – not a burden that weighs down on families for decades. My Administration is delivering on that commitment. Starting today, over 800,000 student loan borrowers who have been repaying their loans for 20 years or more will see $39 billion of…
