"Biden's $7.4 Billion Student Loan Forgiveness: Who Qualifies and What You Need to Know"
TL;DR
President Biden's administration has announced $7.4 billion in student loan debt forgiveness for 277,000 borrowers through the SAVE program, income-driven repayment adjustments, and fixes to the Public Service Loan Forgiveness program. Notifications will be sent via email, and applications are still open for eligible borrowers. The administration faces legal challenges from Republican states, but continues to unveil new plans for student loan forgiveness, including waiving interest, automatically discharging debt, and assisting borrowers facing hardship.
Topics:nationeducation-politics#biden-administration#education#education-politics#income-driven-repayment#loan-forgiveness#student-debt
- Biden Just Forgave $7.4 Billion In Student Debt — Are You Eligible? Rolling Stone
- Biden is canceling $7.4 billion in student debt for 277,000 borrowers. Here's who is eligible. CBS News
- Student loan borrowers could have up to $20,000 in interest forgiven as early as this fall—here's who qualifies CNBC
- Biden Administration Cancels $7.4 Billion More in Student Loans The New York Times
- Biden’s new student loan forgiveness plan: What you need to know Vox.com
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