Govt announces new loans for students and youngsters
- 06-Feb-2025
ISLAMABAD: The federal government has announced new loans for students and youngsters. Chairman of the Prime Minister Youth Programme, (PMYP) Rana Mashhood Ahmed Khan, has said that as many as Rs1 million loan would be given to youngsters going abroad for employment. Talking to APP, Mashhood said that the amount would be provided to assist […]
Biden cancels $6 bn in student loan debt for public service workers
- 21-Mar-2024
US President Joe Biden announced Thursday that $6 billion in student loans would be canceled for 78,000 borrowers, bringing his administration’s total student debt cancellation to nearly $150 billion. Biden, a Democrat, last year pledged to find other avenues for tackling debt relief after the Supreme Court in June blocked his broader plan to cancel […]
Biden to cancel another $1.2 billion of student loans
- 21-Feb-2024
President Joe Biden’s administration said on Wednesday it is cancelling $1.2 billion worth of student loans for some 153,000 people who are eligible under a program used to make good on promises to increase loan forgiveness. Biden last year pledged to find other avenues for tackling debt relief after the Supreme Court in June blocked […]
Biden administration changes student loan guidance
- 30-Sep-2022
The Biden administration changed its guidance on who qualifies for federal student loan forgiveness on Thursday, as seven Republican-led states filed a challenge to its student debt cancellation program. President Joe Biden said in August that the U.S. government will forgive $10,000 in student loans for millions of debt-saddled former college students, keeping a pledge […]