Following last week’s announcement of newly certified qualified borrowers, the Biden administration has now granted at least $16 billion in student loan forgiveness, according to the Department of Education. The $16 billion in student loan cancellations granted so far represents ...
President Joe Biden has canceled $1.5 billion in student loan debt, but just 1.5 percent of borrowers have benefitted from current student loan forgiveness programs. Eighty-nine percent of student-loan debtors who have just entered the job are financially equipped to begin ...