Multiple lawsuits have been filed against the Education Department over a controversial loan forgiveness rule, with plaintiffs arguing it violates the Higher Education Act and First Amendment rights, while the department defends the rule as a neutral enforcement against misuse of taxpayer funds.
The Biden administration has announced the cancellation of nearly $6 billion in student debt for around 80,000 public service workers, including teachers, nurses, and firefighters. This move is part of the administration's efforts to address past administrative failures and provide relief to those entitled under the law. President Biden has emphasized his commitment to fixing broken student loan programs and ensuring that higher education is a pathway to the middle class, not a barrier to opportunity.
President Joe Biden's administration has approved an additional $4.8 billion in student debt cancellation for 80,300 borrowers, bringing the total debt relief to $132 billion for over 3.6 million Americans. This includes fixing the Public Service Loan Forgiveness program and ensuring borrowers receive credit for their payments. The administration has also increased Pell Grants, improved income-driven repayment plans, and is pursuing alternative paths to deliver relief to borrowers. Biden remains committed to improving the student loan system and providing opportunities for Americans without burdensome debt.