Friday’s announcement is just the latest round of student debt cancellation enacted by the Biden administration, which has approved relief for more than 4.3 million people so far, including 31,130 people in Iowa.
Biden unveils new plan for student debt relief
The president’s plan builds on existing debt cancellation efforts and would extend loan relief to more than 30 million borrowers.
78,000 public service workers get student loans canceled by Biden administration
Through improvements to the public service Loan Forgiveness Program, the Biden administration has canceled loans for more than 871,000 public service workers.
‘I’m not going to teach in Iowa’: UNI students explain why they’re not sticking around
She grew up in Ames and went to the University of Northern Iowa (UNI) in Cedar Falls to become a teacher. But Lydia plans to leave Iowa as soon as she graduates. "Here at UNI, there's so much emphasis in our classes on social-emotional learning and inclusion and...
Biden proposes new student debt relief plan for Iowa borrowers facing ‘hardship’
The new proposal will focus on providing debt relief to those with older loans or loans with large sums of interest; those with high-cost, unavoidable child care or health care expenses; borrowers who are highly likely to default; and others who face “financial hardship.”
Iowans get relief as Biden cancels nearly $5 billion more in student debt
More than 19,000 Iowans have had their student debt discharged or have been identified for debt relief due to the Biden administration’s reforms of the student loan debt system.
Iowans get financial relief as Biden cancels more student debt
The Biden administration on Wednesday announced it was providing student debt relief to 125,000 Americans, including individuals who’ve worked in public service or nonprofit positions, those who’ve been making payments for decades, and those with permanent...
Here Are Your Options As Student Loan Payments Resume
On June 30, the Supreme Court struck down President Biden’s student loan cancellation plan, a major blow to tens of millions of working- and middle-class Americans who stood to benefit from the program. Under Biden’s plan, an estimated 20 million people were expected...
800,000 Borrowers to Get Student Debt Canceled, Biden Administration Announces
More than 800,000 Americans will get much-needed debt relief, after the Department of Education announced Friday that it would automatically cancel their student loans to account for past failures in the repayment system. The action is part of the Biden...
Supreme Court Takes Student Debt Relief Away From 43 Million Americans
The U.S. Supreme Court on Friday struck down President Biden’s student loan cancellation plan, a major blow to tens of millions of working- and middle-class Americans who stood to benefit from the program. In a 6-3 decision in Biden v. Nebraska, the Court’s right-wing...