The plan, according to the U.S. government, will address borrowers who are eligible for forgiveness after 20 or 25 years.
Following a defeat at the Supreme Court in their attempt to enact a major student debt relief plan, the Biden administration is moving forward with alternative plans that could alleviate the debt loads of many borrowers.
In a move announced Friday, the administration said it would discharge $39 billion in student debt for 804,000 borrowers in the coming weeks. Read more here: https://www.11alive.com/article/money/student-loan-forgiveness-biden-student-debt-plan/85-90790783-3edc-4ddd-a185-83e4eb97d57c
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New Biden measure on student loan forgiveness | How it works for Georgians
Following a defeat at the Supreme Court in their attempt to enact a major student debt relief plan, the Biden administration is moving forward with alternative plans that could alleviate the debt loads of many borrowers.
In a move announced Friday, the administration said it would discharge $39 billion in student debt for 804,000 borrowers in the coming weeks. Read more here: https://www.11alive.com/article/money/student-loan-forgiveness-biden-student-debt-plan/85-90790783-3edc-4ddd-a185-83e4eb97d57c
11Alive is Where Atlanta Speaks. We believe that news shouldn’t be a one-way conversation, but a dialogue with you. Join in, share your thoughts and connect with new perspectives.
Subscribe to 11Alive for exclusive content: http://bit.ly/11AliveSubscribe
Download our 11Alive News app: https://interactive.11alive.com/appredirect/
Text “plus” to 404-885-7600 to download 11Alive+ and stream 24/7 on Roku and Amazon Fire TV.
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