The department said that it made its decision because of ongoing litigation over the rule change, and because there were 150,000 public comments with modification suggestions that needed to be considered.
The Education Department said it "intends to commit its limited operational resources to helping at-risk borrowers return to repayment successfully."
Tens of thousands of public servants will have $4.28 billion in student debt cancelled, the Biden administration announced Friday.
The Biden administration announced the cancellation of student debt for an additional 55,000 public service workers on Friday.
The Biden administration withdrew a proposal to forgive the student debt of borrowers who experienced hardship.
President Biden announced on Friday he would be canceling more student debt for tens of thousands of public service workers, possibly his last major move on the issue before leaving office in a
President Joe Biden's administration rolled out an additional $4.28 billion in student loan forgiveness for borrowers under the Public Service Loan Forgiveness (PSLF) plan Friday.
Around $4 billion in student loan forgiveness will benefit 55,000 public service employees through the Public Service Loan Forgiveness program
Almost 55,000 Americans working in the public service will have their collective $4.28 billion worth of student debt forgiven, U.S. President Joe Biden announced Friday.
US President Joe Biden on Friday approved $571.3 million in defense assistance for Taiwan, the White House said, as the Democrat prepares to leave office ahead of the January inauguration of Donald Trump.
Dec. 16 (UPI) --President Joe Biden was inducted Monday into the U.S. Department of Labor's Hall of Honor for his "tireless support of U.S. workers and labor unions." "History will record Joe ...