President Joe Biden announced last week the cancellation of $1.2 billion in student debt for 153,000 borrowers—an average of $7,843 per borrower. The move is one of dozens he’s made since 2021 ...
President Joe Biden announced last week the cancellation of $1.2 billion in student debt for 153,000 borrowers—an average of $7,843 per borrower. The move is one of dozens he’s made since 2021 ...
After the Supreme Court struck down Biden's first try at student-debt cancellation, he touted other debt relief during his ...
You will receive a 1099-C Cancellation of Debt form if a lender forgives more than $600 of taxable debt on your behalf. You must include the amount of canceled debt on your federal tax return as a ...
Additionally, the Education Department has announced debt cancellation for borrowers defrauded by the schools they attended, including the major for-profit chains ITT Technical Institute and ...
JOHANNESBURG, March 13 (Reuters) - Somalia secured the cancellation of 99% of the debt it owed to members of the Paris Club of creditor nations, the Paris Club said on Wednesday, a milestone in ...
Photograph: Federal Government of Somalia Somalia qualified for debt cancellation under the HIPC last December, making it eligible for up to $4.5bn of debt relief and beginning the normalisation ...
Last month, the president accelerated a provision that provides immediate debt cancellation for borrowers with an original loan balance of $12,000 or less who have been in repayment for 10 years.
At $30 million in funding — out of pandemic relief funds allocated to Arizona under the American Rescue Plan Act — it’s the biggest example yet of a state or local government using federal dollars for ...