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  2. Biden-Harris Administration Announces Additional $7.7 Billion ...

    www.ed.gov/news/press-releases/biden-harris...

    The Biden-Harris Administration announced today the approval of $7.7 billion in additional student loan debt relief for 160,500 borrowers. These discharges are for three categories of borrowers: those receiving Public Service Loan Forgiveness (PSLF); those who signed up for President Biden’s Saving on a Valuable Education (SAVE) Plan and who are eligible for its shortened time-to-forgiveness ...

  3. Biden-Harris Administration Announces Nearly $5 Billion in ...

    www.ed.gov/news/press-releases/biden-harris...

    The Biden-Harris Administration announced today the approval of an additional $4.8 billion in student loan debt relief for 80,300 borrowers. These discharges stem from fixes made by the U.S. Department of Education to income-driven repayment (IDR) forgiveness and Public Service Loan Forgiveness (PSLF).

  4. Biden-Harris Administration Approves Additional $5.8 Billion ...

    www.ed.gov/news/press-releases/biden-harris...

    Today’s announcement brings the total loan forgiveness approved by the Biden-Harris Administration to $143.6 billion for 3.96 million Americans. This action builds on President Biden and his Administration’s efforts to provide debt relief to as many borrowers as possible as quickly as possible.

  5. A First Look at Student Loan Repayment After the Payment ...

    blog.ed.gov/2023/12/a-first-look-at-student-loan...

    Because student loans should not come before the necessities, borrowers earning less than about $15 an hour, or more if they have families to support, will have $0 payments on their debt. Borrowers who still owe a payment are saving roughly $102 per month, or $1,244 per year. The SAVE Plan also eliminates runaway interest that can cause ...

  6. Biden-Harris Administration Announces Additional $7.4 Billion ...

    www.ed.gov/news/press-releases/biden-harris...

    The Biden-Harris Administration announced today the approval of $7.4 billion in additional student loan debt relief for 277,000 borrowers. These discharges are for borrowers who signed up for President Biden’s Saving on a Valuable Education (SAVE) Plan and are eligible for its shortened time-to-forgiveness benefit and as a result of fixes made by the Administration to income-driven repayment ...

  7. Daily mortgage rates for August 6, 2024: Average rates plunge ...

    www.aol.com/finance/daily-mortgage-rates-for...

    A mortgage point could cost 1% of your mortgage amount, which means about $5,000 on a $500,000 home loan, with each point lowering your interest rate by about 0.25%, depending on your lender and loan.

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