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More than one in 10 Americans with federal student loans have been approved for some measure of debt relief under President Joe Biden, the White House said, as it announced a new round of forgiveness.
More than 160,000 borrowers will benefit from the latest package, valued at $7.7 billion, the administration said Wednesday. Individuals enrolled in the government’s income-driven repayment plans and public servants who have worked for at least a decade will benefit from the actions.
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From loan repayment and forgiveness to tuition planning, employers can improve workers' education about how to proceed following July 1 changes to plan options.
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