Student Loan Cancellation Update

Biden touted student-debt cancellation for 5 million borrowers. Here’s who benefited, and how.
On his way out of office, President Joe Biden touted his record on student-debt cancellation, noting that his administration approved nearly $190 billion in student-debt relief for more than 5 million borrowers.
How Biden's Last-Ditch Effort to Eliminate Student Loan Debt Will Help Black Folks
Student loan debt remains the highest among Black families when compared to other races. According to data from the Survey of Consumer Finances, Black borrowers face notably more student loan debt than their white or Hispanic counterparts. This is why President Joe Biden’s final plan to help alleviate this burden is significant.
Student Loan Cancellation Update: How to Track Debt Forgiveness
A new tracker is live on Studentaid.gov that shows people where they are on the journey to student loan debt forgiveness.
Waiting on Student Loan Forgiveness? Do These 6 Things Before the White House Transition
Whether you're enrolled in SAVE or worried about the fate of another debt relief program, here's what you can do.
Biden forgives $4.5B for 261,000 borrowers in final student loan action
The Biden administration forgave $4.5 billion for more than 261,000 student loan borrowers in one of its final actions before departing office. In a statement released by the Department of Education (DOE),
Student Loan Forgiveness Tracking For IDR Goes Live — 4 Steps To Take Now
The Education Department has finally launched student loan forgiveness tracking for IDR plans, giving borrowers specific details on their progress. Key details are here.
Biden administration announces new wave of Federal Student Loan Forgiveness
In a significant move, the Biden administration has unveiled a new round of federal student loan forgiveness, benefiting over 150,000 borrowers with a total of $4.2 billion in debt relief.
Millions have had student loans canceled despite collapse of Biden's forgiveness plan
Despite failing to deliver his promise for broad student loan forgiveness, President Joe Biden has now overseen the cancellation of student loans for more than 5 million Americans — more than any other president in U.
8 Million Student Loan Borrowers Will Have No Payments For Most Of 2025, As Loan Forgiveness Remains Stalled
The Education Department announced this week that several million student loan borrowers will likely have no payment ...
Personal Loan EMI Calculator: How can it help students manage their loan repayments?
Students often rely on loans for higher education, making it crucial to manage debt effectively. An EMI calculator aids in ...
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Federal Income Tax Calculator 2024-2025
student loan deduction, educator expense deduction). Tax credits A benefit that lowers your taxes owed by the amount of the credit. This calculator assumes credits entered are nonrefundable.
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Student Loan Repayments: What To Expect in 2025
As 2025 approaches, and with it a new federal government, student loan borrowers who have benefitted from low or no repayments, enhanced pathways to forgiveness, and interest-free deferments will ...