Posts tagged as “Beau Biden”

The Biden administration has announced a plan to provide debt relief to more than 800,000 federal student loan borrowers, with $39 billion in debt being forgiven after 20 or 25 years of payments. The Department of Education is also reviewing accounts of borrowers who may have been affected and will provide additional debt relief if necessary. Additionally, the Department of Education is working on improving income-driven repayment plans to reduce student loan payments for those struggling financially.