# Student Loan Programs

- Biden-Harris Administration Continues Efforts to Provide Debt Relief for More Student Loan Borrowers The  Biden-Harris Administration today continued its critical efforts to deliver  student debt relief to as many borrowers as possible through negotiated  rulemaking under the Higher Education Act by releasing draft regulatory text  for specific categories of borrowers and outlining next steps to consider  relief options for borrowers experiencing hardship.
- U.S. Department of Education Announces Withholding of Payment to Student Loan Servicer as Part of Accountability Measures for Harmed Borrowers U.S. Secretary of Education Miguel Cardona and Federal Student Aid (FSA) Chief Operating Officer Rich Cordray issued the following statements on actions taken by the U.S. Department of Education (Department) after student loan servicer errors were found by the Department.
- Biden-Harris Administration Announces More Than 4 Million Student Loan Borrowers Are Enrolled in the New SAVE Plan The U.S. Department of Education today announced more than 4 million student loan borrowers are enrolled in the Biden-Harris Administration's new Saving on A Valuable Education (SAVE) income-driven repayment (IDR) plan, including those who were transitioned from the previous Revised-Pay-As-You-Earn (REPAYE) plan.
- Biden-Harris Administration Launches Most Affordable Repayment Plan Ever, Transforming Income-Driven Repayment by Cutting Undergraduate Payments in Half and Preventing Unpaid Interest Accumulation The Biden-Harris Administration today announced that it has fully launched its updated income-driven repayment application tool on StudentAid.gov and that student loan borrowers can now officially enroll in the Saving on A Valuable Education (SAVE) plan, the most affordable repayment plan ever created.
- FACT SHEET: President Biden Announces New Actions to Provide Debt Relief and Support for Student Loan Borrowers No President has fought harder for student debt relief than President Biden, and he's not done yet. President Biden will not let Republican elected officials succeed in denying hardworking Americans the relief they need.
- Secretary Cardona Statement on Supreme Court Ruling on Biden Administration's One Time Student Debt Relief Plan Today, U.S. Secretary of Education Miguel Cardona issued the following statement on the Supreme Court's ruling on the Biden Administration's one-time student debt relief plan:
- Secretary Cardona Statement Following Supreme Court Oral Arguments Today, U.S. Secretary of Education Miguel  Cardona issued the following statement after the conclusion of oral arguments  before the Supreme Court on the Department’s one-time student debt relief  program:
- New Proposed Regulations Would Transform Income-Driven Repayment by Cutting Undergraduate Loan Payments in Half and Preventing Unpaid Interest Accumulation Today, the U.S. Department of Education (Department) proposed regulations to reduce the cost of federal student loan payments, especially for low and middle-income borrowers.
- Statement from Secretary of Education Miguel Cardona on District Court Ruling on the Biden-Harris Administration Student Debt Relief Program U.S. Secretary of Education Miguel Cardona issued the following statement regarding today’s district court ruling on student debt relief:
- Education Department Unveils Final Rules to Protect Veterans and Service Members, Improve College Access for Incarcerated Individuals and Improve Oversight When Colleges Change Owners Today, the U.S. Department of Education (Department) announced final rules that will better protect veterans and service members from predatory recruitment practices, implement access to Pell Grants for incarcerated students in high-quality prison education programs, and increase accountability when colleges and universities change ownership.
- U.S. Department of Education Estimate: Biden-Harris Student Debt Relief to Cost an Average of $30 Billion Annually Over Next Decade In August, the Biden-Harris Administration announced its plan to cancel up to $20,000 in student debt for eligible borrowers to give working and middle-class families more breathing room as they recover from the pandemic. Today, the U.S. Department of Education (Department) released its estimate of the costs of the Biden-Harris Administration's Student Debt Relief.
- Education Department Approves $1.5 billion in Debt Relief for 79,000 Borrowers Who Attended Westwood College Today, the U.S. Department of Education (Department) announced that it will discharge all remaining federal student loans for borrowers who enrolled in any location of Westwood College (including enrollment in Westwood's online program) between January 1, 2002 through November 17, 2015 when it stopped enrolling new borrowers in advance of its 2016 closure.
- Biden-Harris Administration Announces Final Student Loan Pause Extension Through December 31 and Targeted Debt Cancellation to Smooth Transition to Repayment Today, the U.S. Department of Education (Department) announced a final extension of the pause on student loan repayment, interest, and collections through December 31, 2022. Borrowers should plan to resume payments in January 2023.
- Thanks to Temporary Changes,  U.S. Department of Education Announces Public Service Loan Forgiveness Surpasses $10 Billion in Debt Relief Today, the U.S. Department of Education (Department) announced that it has approved more than $10 billion in debt relief for over 175,000 borrowers in 10 months through the Public Service Loan Forgiveness (PSLF) program.
- Education Department approves $3.9 billion group discharge for 208,000 borrowers who attended ITT Technical Institute Today, the U.S. Department of Education (Department) announced that it will discharge all remaining federal student loans that borrowers received to attend ITT Technical Institute (ITT) from January 1, 2005, through its closure in September 2016.
- Education Department Releases Proposed Regulations to Protect Veterans and Service Members, Increase College Oversight, and Increase College Access for Incarcerated Individuals Today, the U.S. Department of Education (Department) released proposed regulations that would implement critical changes in the American Rescue Plan Act of 2021 that better protect veterans and service members from being subject to aggressive targeting practices by requiring private for-profit institutions to obtain at least 10 percent of revenue from non-federal sources.
- Education Department Releases Proposed Regulations to Expand and Improve Targeted Relief Programs Today, the U.S. Department of Education  (Department) released proposed regulations that would expand and improve the  major student loan discharge programs authorized by the Higher Education Act.
- Statement from U.S. Secretary of Education Miguel Cardona on Sweet Settlement U.S. Secretary of Education Miguel Cardona issued the following statement regarding today’s filing on Sweet v. Cardona:
- Education Department Approves $5.8 Billion Group Discharge to Cancel all Remaining Loans for 560,000 Borrowers who Attended Corinthian Today, the U.S. Department of Education (Department) announced it will discharge all remaining federal student loans borrowed to attend any campus owned or operated by Corinthian Colleges Inc. (Corinthian) from its founding in 1995 through its closure in April 2015. This will result in 560,000 borrowers receiving $5.8 billion in full loan discharges.
- Statement by Secretary Cardona on President Biden's Executive Order on Improving Customer Experience and Government Services for the American People Today, the Biden-Harris Administration announced a series of new actions to help improve customer experience and Government services for the American people.
- U.S. Department of Education Grants Interest Rate Benefit to More Than 47,000 Service Members Today, the U.S. Department of Education announced that the office of Federal Student Aid (FSA) has retroactively waived interest on loans held by more than 47,000 current and former active-duty service members. This action was made possible by a data-matching agreement with the U.S.
- New Interpretation to Encourage State Collaboration on Student Loan Servicing Today, the U.S. Department of Education (Department) released a new legal interpretation that revises and clarifies its position on the legality of state laws and regulations that govern various aspects of the servicing of federal student loans. This action will help states enforce borrower bills of rights or other similar laws to address issues with servicing of federal student loans.
- Biden Administration Extends Student Loan Pause Until January 31, 2022 WASHINGTON – Today, the U.S. Department of Education (Department) announced a final extension of the pause on student loan repayment, interest, and collections until January 31, 2022. The Department believes this additional time and a definitive end date will allow borrowers to plan for the resumption of payments and reduce the risk of delinquency and defaults after restart.
- New Negotiated Rulemaking Committee to Focus on Student Loans, Targeted Discharge and Forgiveness Authorities Today the U.S.
- Department of Education Updates Series of Student Aid Quarterly Data Reports Today, Federal Student Aid (FSA) released two new sets of quarterly portfolio reports on its Data Center website with key data and other information about federal student aid programs as of December 31, 2020 and March 31, 2021.