Keep a sharp eye on your email inbox in the coming days and weeks, student loan borrowers. Buried amongst the spam mail and coupons may be the latest information on debt forgiveness.
The Biden administration has taken its next steps toward a solution for borrowers after his initial forgiveness plan was struck down in the Supreme Court in June 2023. The new initiative could provide relief for millions of Americans and even total cancelation of repayment for some.
Originally announced back in April, the White House said that, if implemented as proposed, the plan “would bring the total number of borrowers getting relief under the Biden-Harris Administration to more than 30 million.”
Mary Walrath-Holdridge | USA TODAY