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Student Loan Defaults Will Increase ‘Historically’ Without Debt Forgiveness, Biden Admin Says

November 21, 2022 admin Comments Off
The Department of Education warned Wednesday that student loan defaults could increase by a “historically large” margin if President Joe Biden’s loan forgiveness plan continues to be blocked by lawsuits, as the Biden Administration pushes for its loan program to be reinstated.

READ MORE: https://www.forbes.com/sites/carlieporterfield/2022/11/16/student-loan-defaults-will-increase-historically-without-debt-forgiveness-biden-administration-says/?sh=700cd54c71c0

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Copyright © 2010, Student Debt Modifications all rights reserved. Student Debt Modifications is not a lender or directly associated with the Department of Education. We are a document processing company that assists borrowers in understanding their student debt forgiveness options and match them into Government assisted relief and consolidation programs. There is a fee for our services that is determined upon the initial consultation that is at no charge to you. We do not accept all cases. Also, we encourage those with student debt to apply for free at the Department of Education website or to consult a financial professional before making any final decisions.