#StudentDebt

.Washington D.C., DC, USA
The move marks the start of a broader overhaul of a program that has been criticised. (Photo Credit: AP/PTI)

  • Education Department erase student debt for 323,000 Americans
  • The move will wipe out more than $5.8 billion in debt
  • Borrowers will be contacted after their relief request has been granted

.New Delhi, Delhi, India
Going abroad for studies is not always possible due to the high fees involved. (Photo Credit: Representational Image/Unsplash)

  • Pursuing higher education abroad is a dream for many
  • Many new education loans have been introduced to help students
  • However, not all the educational loans are safe

.Washington D.C., DC, USA
(Representative Image: Unsplash)

  • Biden administration extended student loan payment pause till January 31
  • The Department of Education said in a statement this extension would be the "final"
  • The federal student loan payment moratorium began in March 2020

.Washington D.C., DC, USA
President Joe Biden has extended the pause for the second time in his tenure. (Photo Credit: AFP Photo)

  • The Department of Education said in a statement this extension would be the "final"
  • The administration was facing intense pressure to extend the payment pause
  • The federal student loan payment moratorium began in March 2020