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Tag: debt forgiveness

WASHINGTON, DC - AUGUST 24: U.S. President Joe Biden, joined by Education Secretary Miguel Cardona, speaks on student loan debt in the Roosevelt Room of the White House August 24, 2022 in Washington, DC. President Biden announced steps to forgive $10,000 in student loan debt for borrowers who make less than $125,000 per year and cap payments at 5 percent of monthly income. (Photo by Alex Wong/Getty Images)

Biden to cancel $39 billion in student debt

The Biden administration announced that it will be cancelling a total of $39 billion in student debt, affecting around 804,000 borrowers.

Read More Biden to cancel $39 billion in student debt
The US Supreme Court is seen in Washington, DC, on June 26, 2023. A year after the US Supreme Court scrapped the constitutional right to abortion in the United States, President Joe Biden on June 24, 2023 vowed to fight against the "extreme and dangerous" effort by Republicans to curb access to the procedure nationwide. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

SCOTUS rules on student loan forgiveness

The Supreme Court has blocked the Biden Administration’s student loan debt handout program on Friday.

Read More SCOTUS rules on student loan forgiveness
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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