shot-button
E-paper E-paper
Home > News > World News > Article > Biden administration cancels more loans

Biden administration cancels more loans

Updated on: 21 December,2024 08:47 AM IST  |  Washington
Agencies |

Biden has canceled USD 180 billion in federal student loans.

Biden administration cancels more loans

US President Joe Biden. FILE PIC

Listen to this article
Biden administration cancels more loans
x
00:00

The Biden administration is canceling federal student loans for 55,000 more workers through an existing programme 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 programme, which promises to erase loans after 10 years of work in government or nonprofit jobs.


The USD 4.28 billion in relief is expected to be the final round of public service loan forgiveness before President Joe Biden leaves office in January. Biden has canceled USD 180 billion in federal student loans.


Int’l students urged to return soon

A growing number of US colleges and universities are advising international students to return to campus before Donald Trump takes charge, over concerns that he might impose travel bans.

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!

Register for FREE
to continue reading !

This is not a paywall.
However, your registration helps us understand your preferences better and enables us to provide insightful and credible journalism for all our readers.

Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK