Student Loan Debt
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Biden cancels student loan debt for 6,130 more Virginians
Friday’s announcement is just the latest round of student debt cancellation enacted by the Biden administration, which has approved relief for more than 4.3 million people so far, including 75,310 people in Virginia.
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Biden unveils new plan for student debt relief
The president’s plan builds on existing debt cancellation efforts and would extend loan relief to more than 30 million borrowers.
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Biden proposes new student debt relief plan for Virginia borrowers facing ‘hardship’
The new proposal will focus on providing debt relief to those with older loans or loans with large sums of interest; those with high-cost, unavoidable child care or health care expenses; borrowers who are highly likely to default; and others who face “financial hardship.”
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Virginians get relief as Biden cancels nearly $5 billion more in student debt
More than 48,000 Virginians 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.
