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Biden-Harris Administration Releases First Set of Draft Rules to Provide Debt Relief to Millions of Borrowers

The Biden-Harris Administration today released its first set of draft rules that propose to provide student debt relief for tens of millions of borrowers...

Biden-Harris Administration Announces Additional $7.4 Billion in Approved Student Debt Relief for 277,000 Borrowers

The Biden-Harris Administration announced today the approval of $7.4 billion in additional student loan debt relief for 277,000 borrowers. These discharges are for borrowers...

Biden-Harris Administration Approves $1.2 Billion in Loan Forgiveness for Over 150,000 SAVE Plan Borrowers

The Biden-Harris Administration today is announcing that it will automatically discharge $1.2 billion in loans for nearly 153,000 borrowers who are eligible for the...

Biden-Harris Administration Takes Next Steps on Rulemaking to Provide Debt Relief to Student Loan Borrowers Experiencing Hardship

The Biden-Harris Administration today released new proposed regulatory text focused on providing debt relief for borrowers facing hardship on their student loans. In the...

Biden-Harris Administration Continues Rulemaking Process to Provide Debt Relief for More Student Loan Borrowers

The Biden-Harris Administration today announced that it will hold an additional negotiated rulemaking session on February 22 and 23 focused on the issue of...

Biden-Harris Administration to Shorten Path to Debt Cancellation for Some SAVE Borrowers

New data show 6.9 million borrowers are enrolled in the Administration’s most affordable repayment plan  Today, the Biden-Harris Administration announced that next month it...

Biden-Harris Administration Announces Framework for Student Loan Servicer Accountability To Protect Borrowers Nationwide

The Biden-Harris Administration is fully committed to supporting student loan borrowers as they navigate return to repayment and fixing problems in the...

Biden-Harris Administration Announces Nearly 5.5 Million Borrowers Are Enrolled in the SAVE Plan

The Biden-Harris Administration released data today showing that nearly 5.5 million borrowers are now enrolled in the Saving on a Valuable...

U.S. Department of Education Announces Withholding of Payment to Student Loan Servicer as Part of Accountability Measures for Harmed Borrowers

U.S. Secretary of Education Miguel Cardona and Federal Student Aid (FSA) Chief Operating Officer Rich Cordray issued the following statements on actions taken...

Biden-Harris Administration Continues Efforts to Provide Debt Relief for More Student Loan Borrowers

The Biden-Harris Administration today continued its critical efforts to deliver student debt relief to as many borrowers as possible through negotiated...

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