HIGHER EDUCATION
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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.
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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 disabilities. This round of debt relief totals $9 billion and will eliminate the debt of 53,000 who’ve participated in…
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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 to be eligible to have their remaining debt fully canceled, with benefits…
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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 Administration’s Income-Driven Repayment (IDR) Account Adjustment, which is aimed at “remedying decades of historical and…
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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 justices ruled in favor of six states with Republican attorneys general—Nebraska,…
