How to qualify for Biden's new student loan forgiveness plan
In an effort to addressing growing student loan debt levels, President Joe Biden announced his plan Wednesda
which includes forgiveness for certain borrowers and extending the pandemic-related payment pause.
The Biden administration has already canceled nearly $32 billion of the more than one- trillion dollar federal student debt
by expanding existing forgiveness programs for public sector workers
disabled borrowers and students who were defrauded by fraudulent schools.
The plan applies to federal student loan borrowers.
The Biden Administration has already saved Americans over $32 billion by cancelling student debt
expanding existing forgiveness programs for public sector workers,
disabled borrowers and students who were cheated out of their education.
The Biden administration has announced that they will be covering unpaid interest for people who make monthly payments
even if their total balance is $0 due to low income.