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$22.7 million in student loan debt forgiven in Maryland through Biden Administration's SAVE program

Posted on AllSides February 23rd, 2024
From The Left

BALTIMORE - More than 2,600 Maryland residents had their federal student loans canceled in the first round of the Biden Administration's SAVE program. Borrowers began receiving email notifications on Wednesday saying their student loan debt had been forgiven. The first round of forgiveness cleared $1.2 billion in loans. Meanwhile, the U.S. Department of Education released the state-by-state breakdown of how much debt was cleared. In Maryland, 2,680 residents had their student loans forgiven, worth around $22.7 million. In neighboring Pennsylvania, 5,600 residents had their debt cleared for $45.1 million, and...

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