The Biden administration has forgiven $39 billion in student debt for more than 800,000 borrowers.

[{"selector":"#anim-65b7318a-82f3-4fd4-9a3c-b55fa09e5fc2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.24765437707964%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":6000,"fill":"forwards"}] [{"selector":"#anim-6221fd9c-831f-4605-bb88-aeb3f6852b72","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-4671e4e4-ca63-4db7-a095-7757c109ffe3","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-9f03debe-4110-4c14-ab01-d578034ff4b8","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Audible - FREE for first 3 months

[{"selector":"#anim-8be4be4f-ae8d-4df0-93ee-ca12691703f9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.371753133717768%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":4000,"fill":"forwards"}] [{"selector":"#anim-999b2e97-2ea2-4a6f-a3db-629e5d1563df","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c307469a-3e1d-4cae-a7f5-0153fd7a57d8","keyframes":{"transform":["translate3d(0px, 267.03457%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d95b87c1-b9a3-4294-8215-ebfa2997e296","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fbd9916a-1995-4676-a2f5-f8732474ec22","keyframes":{"transform":["translate3d(0px, 562.68507%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Get This Deal

The debt relief is being provided to borrowers who have been repaying their loans under income-driven repayment plans.

[{"selector":"#anim-ff9d3ff3-9ee6-4b74-bed8-461b687711e7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.253630792521964%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":6000,"fill":"forwards"}] [{"selector":"#anim-2d067cb5-8240-41a1-b95f-91d27f0be338","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-82f06576-a872-4b1c-8f36-23a991b6fef8","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-cfd68fe0-8c49-4273-b9a8-7a90b006fbd2","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

The borrowers who qualify for debt relief have made 20 or 25 years of qualifying payments.

[{"selector":"#anim-d7439887-2f00-4cf9-9b71-46de96adc8f9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.90624987200394%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":6000,"fill":"forwards"}] [{"selector":"#anim-9ae01f16-4e26-46db-8470-89d9b5d24a19","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-8ac3e556-d187-47f1-9f4e-04b89f16197c","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-dbb6d1dc-a5b6-4eb8-a40d-19c31db84e64","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

How TO Convert $50 into $831 in 10 Days?

[{"selector":"#anim-a52c97cb-ff71-4c0f-b3b2-c26da62c9292 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.812499744007886%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":4000,"fill":"forwards"}] [{"selector":"#anim-d2ac0d56-9721-4fab-a244-c6ac38024fc1","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-576095cb-5eb3-470c-a132-cda43c7f4219","keyframes":{"transform":["translate3d(0px, 279.08831%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] LEARN MORE

The debt relief is being provided through administrative fixes to the income-driven repayment plans.

[{"selector":"#anim-ddbbf1d6-240d-4cc5-ac8c-212b0e35b719 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.21292026558992%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":6000,"fill":"forwards"}] [{"selector":"#anim-025f8a34-1a9c-449c-a265-3019f4f9e835","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-c51886db-801a-453d-b225-ba66058accb0","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-1af67360-5cf7-452a-887b-4634d5ab7a24","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

The borrowers who receive debt relief will have their remaining balance forgiven.

[{"selector":"#anim-85d7c57f-204e-46c6-9f97-496f744e0544 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.247618631448766%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":6000,"fill":"forwards"}] [{"selector":"#anim-3364c432-26b9-449b-a751-447e22a8c4d7","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-7d8a2818-fa57-4c5f-8c6a-0d0b28c1df13","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-05dfbf2f-159f-4127-abd7-f7d12219b5e5","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

The debt relief is expected to benefit borrowers from a variety of backgrounds, including borrowers who work in public service.

[{"selector":"#anim-4566e551-50cd-462e-9209-1e24b2724e09 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":6000,"fill":"forwards"}] [{"selector":"#anim-61bb86e4-a5b8-4195-b5fd-edd4ef897f1b","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-424510b8-63b6-40d5-aa3a-d7fe6f681527","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-44f1100e-3ba9-4614-9041-834d53d84a0a","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

The debt relief is a significant step towards addressing the student debt crisis in the United States.

[{"selector":"#anim-4f0f4329-7121-4f0e-8634-5001869a2a01 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.233667133513382%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":6000,"fill":"forwards"}] [{"selector":"#anim-55990465-8df5-45ec-b787-49ad29d7e7e4","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-3a03fe06-b73d-4ed0-961a-b75ebf2cc7fc","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-9e490788-e133-4f54-8e9e-4283246a8019","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

A Financial Advisor will be the right person to plan your Financial Goals. Click below to hire a Local Financial Advisor.

Hire Financial Advisor

This story features affiliate links, which implies that any purchase made through these links will result in a nominal fee being incurred without adding an additional cost to you. Only products or services that we have confidence in and consider beneficial for readers are recommended.

[{"selector":"#anim-abcbf29f-fb44-4b21-987e-5c954f94f179 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.499999772451451%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":4000,"fill":"forwards"}] [{"selector":"#anim-0e5c5b78-df16-41c6-aa7a-b7f8dd702e9f","keyframes":[{"offset":0,"transform":"translate3d(0, -158.39308%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -44.540134096%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -15.142378448%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -5.686311572%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -2.470932048%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":1600,"fill":"both"}] [{"selector":"#anim-0f67edc9-1766-4cd7-82ae-5f92c34b5264","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-124a39eb-421d-464a-970f-2fdaae7b0427","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]