Today, the Biden-Harris Administration announced that next month it will start providing forgiveness after as few as 10 years of payments for borrowers on the Saving on a Valuable Education (SAVE) Plan who originally took out $12,000 or less for coll
The new student debt forgiveness plan will strike the debts of undergraduates and graduates in February, six months earlier than it anticipated.Until now, the Education Department’s main loan relief effort has focused on borrowers with debt 20 years or older. Those in the previous Revised Pay As You Earn program automatically get the rolled into this new one.
The numbers are in and the White House said close to seven million borrowers have enrolled in a new student loan repayment program. Almost 300,000 are in Georgia.
Biden-Harris Administration to Shorten Path to Debt Cancellation for Some SAVE Borrowers ed.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ed.gov Daily Mail and Mail on Sunday newspapers.