tag biden-administration 
Account Recovery
SEPTEMBER 28, 2022
The Biden Administration’s student loan debt cancellation plan will cost the government $400 billion, according to a report released yesterday by the nonpartisan Congressional Budget Office.
Collection Industry News
MARCH 21, 2023
The Biden administration’s plan to overhaul a federal student loan repayment program that pegs monthly payments to a borrower’s income would cost $230 billion over 10 years, according to a new estimate from the Congressional Budget Office – nearly double the price tag touted by the White House when it first proposed the plan in January.
Troutman Sanders
FEBRUARY 26, 2024
On February 21, the Biden-Harris administration announced that it will automatically discharge $1.2 billion in loans for nearly 153,000 borrowers who are eligible for the shortened time to forgiveness benefit under President Biden’s Saving on a Valuable Education (SAVE) Plan. For more information, click here.
Expert insights. Personalized for you.
241 
Let's personalize your content