Biden Announces More Student Loan Forgiveness, Bringing Debt Relief To Nearly 5 Million Borrowers
Biden Announces More Student Loan Forgiveness, Bringing Debt Relief To Nearly 5 Million Borrowers
The Biden administration on Monday announced more federal student loan forgiveness, bringing the administration's total student loan forgiveness to $183.6 billion for more than 5 million borrowers.
拜登政府週一宣佈更多的聯邦學生貸款免除,使得該政府的學生貸款免除總額達到1836億美元,惠及超過500萬借款人。
The Details: The Department of Education announced several types of discharges on Monday including the approval of nearly 85,000 borrowers for $1.26 billion in student loan relief based upon borrower defense findings that the institutions had misled and cheated borrowers.
詳情:教育部週一宣佈了幾種類型的免除,包括根據借款人責任的調查結果,批准近85,000名借款人獲得12.6億美元的學生貸款減免,因這些機構誤導和欺騙了借款人。
The DOE also announced the approval of 6,100 borrowers for $465 million through Public Service Loan Forgiveness Second and $2.5 billion in relief for 61,000 borrowers with a total and permanent disability.
教育部還宣佈批准6,100名借款人通過公共服務貸款免除獲得46500萬美元,此外還有61000名身患總和永久性殘疾的借款人獲得25億美元的減免。
"Four 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—more than any other administration in history," said U.S. Secretary of Education Miguel Cardona.
「四年前,拜登總統承諾修復一個破碎的學生貸款體系。今天,改變生活的學生債務減免對於超過五百萬借款人來說成爲可能——這是歷史上任何其他政府所未曾實現的,」美國教育部長米格爾·科爾達納說道。
"Thanks to our tireless and unapologetic efforts to work toward a system that is affordable and accountable to both students and taxpayers, today's announcement includes additional relief for borrowers misled and cheated by their institutions, borrowers with disabilities, as well as additional loan forgiveness for public servants," Cardona added.
「多虧了我們不知疲倦且毫不隱晦的努力,致力於建立一個對學生和納稅人都負責任且可承受的體系,今天的公告包括對被其機構誤導和欺騙的借款人、殘疾借款人,以及對公職人員的額外貸款免除。」科爾達納補充道。
Student Loan Servicers: The latest round of student loan forgiveness could have repercussions for loan providers including SoFi Technologies, Inc. (NASDAQ:SOFI), Navient Corp. (NASDAQ:NAVI) and SLM Corp. (NASDAQ:SLM).
學生貸款服務商:最新一輪的學生貸款免除可能對貸款提供者產生影響,包括SoFi Technologies, Inc. (NASDAQ:SOFI)、Navient CORP. (NASDAQ:NAVI)和學貸美優先股B (NASDAQ:SLM)。
Student loan servicers could lose revenue in the form of interest income and fees related to the latest loan discharges.
學生貸款服務商可能會因爲最新的貸款減免而失去營業收入,包括利息收入和相關費用。
Additionally, the rollout of forgiveness programs often requires servicers to update systems, retrain staff and manage complex transitions, all of which would increase expenses.
此外,減免計劃的推出通常需要服務商更新系統、重新培訓員工並管理複雜的過渡,所有這些都會增加費用。
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譯文內容由第三人軟體翻譯。
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