Beginning next fall semester, students accepted into any of the nine institutions for an undergrad program within the University of Texas (UT) system will receive free tuition and have all fees waived.
The Biden Administration has announced they are canceling an additional $7.4 billion in student loan debt just ahead of the upcoming presidential election.
President Joe Biden announced on Thursday that the White House approved the cancellation of $6 billion in federal student debt for “thousands of public service workers.”
The Biden administration has announced they are canceling another $1.2 billion in student loan debt for over 150,000 borrowers, six months ahead of schedule.
The Biden administration announced that it will be cancelling a total of $39 billion in student debt, affecting around 804,000 borrowers.
The Biden administration will reportedly start collecting federal student loan payments and added interest for millions of Americans again by the end of the summer, as a result of the agreement reached by the president and House Speaker Kevin McCarthy to raise the country’s debt ceiling.