Biden to Withdraw Broad Student-Debt Relief Plans for 38M Borrowers

Biden to Withdraw Broad Student-Debt Relief Plans for 38M Borrowers

Biden’s administration posted notices to withdraw its broader student-loan forgiveness plans. The Education Department wrote that it still stands by the legality of the debt relief among lawsuits. The plans aimed to cancel some student debt for over 38 million borrowers. President Joe Biden’s administration has officially scrapped its unfinished rules for broad student-loan forgiveness. … Read more

Are you eligible in latest relief? – NBC Chicago

Are you eligible in latest relief? – NBC Chicago

The Education Department announced Friday that it was clearing loans for another 55,000 borrowers, but are you one of them? The Biden Administration said it approved $4.28 billion in additional student loan relief for 54,900 borrowers across the country. The announcement brings the total loan forgiveness from the administration to an estimated $180 billion, according … Read more

Biden Forgives Another $4.28 Billion in Student Loans for Teachers, Nurses and PSLF Borrowers

A hundred dollar bill under a graduation cap.

Today, the Biden-Harris administration announced another $4.28 billion in student loan forgiveness for nearly 55,000 borrowers in the Public Service Loan Forgiveness program. The latest debt cancellation news comes after years of challenges for the PSLF, recent payment pauses and legal disputes over student loan forgiveness. This wave of student loan debt relief is a … Read more

Biden Administration Forgives $4.28 Billion in Student Loans For Public Service Workers

Biden Administration Forgives $4.28 Billion in Student Loans For Public Service Workers

KEY TAKEAWAYS President Joe Biden’s administration forgave another $4.28 billion in student loan forgiveness for borrowers under the Public Service Loan Forgiveness (PSLF) plan Friday. Rule changes made by the Biden Administration in 2021 expanded the program’s eligibility and has now resulted in nearly 1.1 million borrowers receiving forgiveness. Biden’s Saving for a Valuable Education … Read more

Loans, internships, and housing: Student service ecosystem Habacus raises €5 million to develop their platform

Loans, internships, and housing: Student service ecosystem Habacus raises €5 million to develop their platform

Habacus, a Milan-based SME and integrated service ecosystem for students, has secured €5 million in fresh funding in order to enhance its proprietary AI technology and expand its service offering. The round was led by P101 SGR S.p.A. Gestore Euveca (P101), a leading player in Italian venture capital with an international focus, with participation from … Read more

President Joe Biden announces $4.28B in student loan relief for 55K borrowers

President Joe Biden announces $4.28B in student loan relief for 55K borrowers

WASHINGTON — President Joe Biden’s administration announced on Friday another $4.28 billion dollars in student loan relief for nearly 55,000 public service workers. The announcement brings the total loan forgiveness by the Biden administration to “approximately $180 billion for nearly 5 million Americans,” according to a fact sheet from the Department of Education. The forgiveness … Read more

Biden Cancels Nearly $4.3 Billion In Student Loan Debt: Here’s Who Benefits

Biden Cancels Nearly $4.3 Billion In Student Loan Debt: Here’s Who Benefits

Topline The Biden administration announced Friday about 55,000 student loan borrowers will have their debts forgiven, totaling nearly $4.3 billion in relief, marking the latest wave of student loan forgiveness under a program intended to benefit public service workers. The Biden administration estimates about $180 billion in student loan debt has been forgiven for … … Read more

Iowa QC businesses capture $16M in SBA Iowa District loans

loans Small business Administration Iowa SBA

Businesses in the Iowa Quad Cities counties of Clinton, Scott and Muscatine received more than $16 million of the nearly $196 million in loans approved in fiscal 2024 by the Small Business Administration’s (SBA) Iowa District Office. The total number of SBA-guaranteed loan approvals made in the state was 476. That compared to 340 loans … Read more

Biden, in likely last round of student debt forgiveness before leaving office, cancels $4.28 billion worth for 55,000 workers

Biden, in likely last round of student debt forgiveness before leaving office, cancels $4.28 billion worth for 55,000 workers

Washington — The Biden administration is canceling federal student loans for another 55,000 workers through an existing program known as Public Service Loan Forgiveness. The Education Department’s announcement Friday targets teachers, nurses, service members, law enforcement officials and others who’ve reached eligibility through the program, which promises to erase loans after 10 years of work … Read more