President Joe Biden and his team are set to make an announcement on student loans August 24, which will include a final extension of the federal loan repayment freeze and more relief for low-income borrowers.
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President Joseph R. Biden, Jr. Amends New Mexico Disaster Declaration
Today, President Joseph R. Biden, Jr. made additional disaster assistance available to the State of New Mexico by authorizing an increase in the level of Federal funding for debris removal and emergency protective measures undertaken in the State of New Mexico as a result of wildfires and straight-line winds beginning on April 5, 2022, and continuing.
Biden announces student loan relief for borrowers making less than $125,000
President Joe Biden on Wednesday announced new steps to address student loan debt, which includes forgiving $10,000 for borrowers who make less than $125,000 per year and extending the payment freeze one final time until the end of the year.
