{"id":9244,"date":"2025-01-14T15:43:25","date_gmt":"2025-01-14T07:43:25","guid":{"rendered":"https:\/\/tingchao.xyz\/?p=9244"},"modified":"2025-01-14T15:43:29","modified_gmt":"2025-01-14T07:43:29","slug":"biden-announces-student-debt-relief-for-150000-borrowers-bringing-total-helped-to-more-than-5m","status":"publish","type":"post","link":"https:\/\/tingchao.xyz\/?p=9244","title":{"rendered":"Biden announces student debt relief for 150,000 borrowers, bringing total helped to more than 5M"},"content":{"rendered":"\n<figure class=\"wp-block-image alignwide size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"317\" height=\"180\" src=\"https:\/\/tingchao.xyz\/wp-content\/uploads\/2025\/01\/\u5fae\u4fe1\u622a\u56fe_20250114154201.jpg\" alt=\"\" class=\"wp-image-9245\" srcset=\"https:\/\/tingchao.xyz\/wp-content\/uploads\/2025\/01\/\u5fae\u4fe1\u622a\u56fe_20250114154201.jpg 317w, https:\/\/tingchao.xyz\/wp-content\/uploads\/2025\/01\/\u5fae\u4fe1\u622a\u56fe_20250114154201-300x170.jpg 300w\" sizes=\"auto, (max-width: 317px) 100vw, 317px\" \/><\/figure>\n\n\n\n<p>The Biden administration announced Monday it was forgiving student loans for more than 150,000 borrowers, bringing the total number of individuals impacted by debt relief in President Biden\u2019s term to over 5 million.<\/p>\n\n\n\n<p>The 150,000 new borrowers are made up of 85,000 individuals who were defrauded by their schools, 61,000 people with permanent or total disabilities and 6,100 public service workers.<\/p>\n\n\n\n<p>\u201cThanks to our tireless and unapologetic efforts to work toward a system that is affordable and accountable to both students and taxpayers, today\u2019s announcement includes additional relief for borrowers misled and cheated by their institutions, borrowers with disabilities, as well as additional loan forgiveness for public servants,\u201d Secretary of Education Miguel Cardona said.<\/p>\n\n\n\n<p>In total, the Biden administration has now spent $183.6 billion to forgive student loans.<\/p>\n\n\n\n<p>Officials with the Biden administration emphasized how helpful the forgiveness has been for everyday Americans ahead President-elect Trump\u2019s inauguration \u2014 and the subsequent likely slowdown of federal efforts on student loans.<\/p>\n\n\n\n<p>\u201cIdentifying 5 million people for student loan forgiveness means the federal government is finally keeping its promises,\u201d Under Secretary of Education James Kvaal said. \u201cPeople who cannot afford their student loans because they are in public service, have disabilities, were cheated by their college, or who have completed decades of payments are now getting the relief they were promised. These permanent reforms will continue to more and more borrowers every year.\u201d<\/p>\n\n\n\n<p>Democrats want to slow Gabbard confirmation path<\/p>\n\n\n\n<p>The record amount of student debt relief by any president was made possible due to a number of changes the administration made to the Borrower Defense program and the Public Service Loan Forgiveness (PSLF) program to make it easier for borrowers in these categories to receive forgiveness.<\/p>\n\n\n\n<p>Under PSLF, more than 1 million borrowers have received relief, compared to only 7,000 before the start of the Biden administration.<\/p>\n\n\n\n<p>Officials would not say if this was the last round of relief borrowers could expect before the president leaves office next week.<\/p>\n\n\n\n<p>\u201cFour years ago, President Biden made a promise to fix a broken student loan system. Today, life-changing student debt relief is possible for more than five million borrowers \u2014 more than any other administration in history,\u201d Cardona said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Biden administration announced Monday it was forgiving student loans for more than 150,000 borrowers, bringing the total number of individuals impacted by debt relief in President Biden\u2019s term to over 5 million. The 150,000 new borrowers are made up of 85,000 individuals who were defrauded by their schools, 61,000 people with permanent or total [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":9245,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[728,3029,729],"class_list":["post-9244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","tag-biden","tag-borrowers","tag-student"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Biden announces student debt relief for 150,000 borrowers, bringing total helped to more than 5M - LISTEN WORLD<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tingchao.xyz\/?p=9244\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Biden announces student debt relief for 150,000 borrowers, bringing total helped to more than 5M - LISTEN WORLD\" \/>\n<meta property=\"og:description\" content=\"The Biden administration announced Monday it was forgiving student loans for more than 150,000 borrowers, bringing the total number of individuals impacted by debt relief in President Biden\u2019s term to over 5 million. The 150,000 new borrowers are made up of 85,000 individuals who were defrauded by their schools, 61,000 people with permanent or total [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tingchao.xyz\/?p=9244\" \/>\n<meta property=\"og:site_name\" content=\"LISTEN WORLD\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-14T07:43:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-14T07:43:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tingchao.xyz\/wp-content\/uploads\/2025\/01\/\u5fae\u4fe1\u622a\u56fe_20250114154201.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"317\" \/>\n\t<meta property=\"og:image:height\" content=\"180\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Xenia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tingchao.xyz\/#website\",\"url\":\"https:\/\/tingchao.xyz\/\",\"name\":\"LISTEN WORLD\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tingchao.xyz\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tingchao.xyz\/?p=9244#primaryimage\",\"url\":\"https:\/\/tingchao.xyz\/wp-content\/uploads\/2025\/01\/\u5fae\u4fe1\u622a\u56fe_20250114154201.jpg\",\"contentUrl\":\"https:\/\/tingchao.xyz\/wp-content\/uploads\/2025\/01\/\u5fae\u4fe1\u622a\u56fe_20250114154201.jpg\",\"width\":317,\"height\":180},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tingchao.xyz\/?p=9244#webpage\",\"url\":\"https:\/\/tingchao.xyz\/?p=9244\",\"name\":\"Biden announces student debt relief for 150,000 borrowers, bringing total helped to more than 5M - LISTEN WORLD\",\"isPartOf\":{\"@id\":\"https:\/\/tingchao.xyz\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tingchao.xyz\/?p=9244#primaryimage\"},\"datePublished\":\"2025-01-14T07:43:25+00:00\",\"dateModified\":\"2025-01-14T07:43:29+00:00\",\"author\":{\"@id\":\"https:\/\/tingchao.xyz\/#\/schema\/person\/0858d87b9dca5080708652d8e71bab95\"},\"breadcrumb\":{\"@id\":\"https:\/\/tingchao.xyz\/?p=9244#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tingchao.xyz\/?p=9244\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tingchao.xyz\/?p=9244#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u9996\u9875\",\"item\":\"https:\/\/tingchao.xyz\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Biden announces student debt relief for 150,000 borrowers, bringing total helped to more than 5M\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/tingchao.xyz\/#\/schema\/person\/0858d87b9dca5080708652d8e71bab95\",\"name\":\"Xenia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tingchao.xyz\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/28b948f24823b0b7ad891b285d30c0f9eb58ea462ebe1e48936fbba5e46a42c2?s=96&d=wavatar&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/28b948f24823b0b7ad891b285d30c0f9eb58ea462ebe1e48936fbba5e46a42c2?s=96&d=wavatar&r=g\",\"caption\":\"Xenia\"},\"url\":\"https:\/\/tingchao.xyz\/?author=10\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Biden announces student debt relief for 150,000 borrowers, bringing total helped to more than 5M - LISTEN WORLD","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tingchao.xyz\/?p=9244","og_locale":"en_US","og_type":"article","og_title":"Biden announces student debt relief for 150,000 borrowers, bringing total helped to more than 5M - LISTEN WORLD","og_description":"The Biden administration announced Monday it was forgiving student loans for more than 150,000 borrowers, bringing the total number of individuals impacted by debt relief in President Biden\u2019s term to over 5 million. 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