Student Loan Programs
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October 30, 2023Biden-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 rulemaking under the Higher Education Act by releasing draft regulatory text for specific categories of borrowers and outlining next steps to consider relief options for borrowers experiencing hardship.
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October 30, 2023
U.S. Secretary of Education Miguel Cardona and Federal Student Aid (FSA) Chief Operating Officer Rich Cordray issued the following statements on actions taken by the U.S. Department of Education (Department) after student loan servicer errors were found by the Department.
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September 5, 2023
The U.S. Department of Education today announced more than 4 million student loan borrowers are enrolled in the Biden-Harris Administration's new Saving on A Valuable Education (SAVE) income-driven repayment (IDR) plan, including those who were transitioned from the previous Revised-Pay-As-You-Earn (REPAYE) plan.
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August 22, 2023
The Biden-Harris Administration today announced that it has fully launched its updated income-driven repayment application tool on StudentAid.gov and that student loan borrowers can now officially enroll in the Saving on A Valuable Education (SAVE) plan, the most affordable repayment plan ever created.
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June 30, 2023
No President has fought harder for student debt relief than President Biden, and he's not done yet. President Biden will not let Republican elected officials succeed in denying hardworking Americans the relief they need.
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June 30, 2023
Today, U.S. Secretary of Education Miguel Cardona issued the following statement on the Supreme Court's ruling on the Biden Administration's one-time student debt relief plan:
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February 28, 2023
Today, U.S. Secretary of Education Miguel Cardona issued the following statement after the conclusion of oral arguments before the Supreme Court on the Department’s one-time student debt relief program:
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January 9, 2023
Today, the U.S. Department of Education (Department) proposed regulations to reduce the cost of federal student loan payments, especially for low and middle-income borrowers.
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November 10, 2022
U.S. Secretary of Education Miguel Cardona issued the following statement regarding today’s district court ruling on student debt relief:
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October 26, 2022
Today, the U.S. Department of Education (Department) announced final rules that will better protect veterans and service members from predatory recruitment practices, implement access to Pell Grants for incarcerated students in high-quality prison education programs, and increase accountability when colleges and universities change ownership.