The Biden administration is previewing the form that millions of Americans will soon be able to use to apply for up to $20,000 in student loan forgiveness, although the application isn't yet available
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During Tuesday's White House Press Briefing, Karine Jean-Pierre answered questions about student loans. Stay Connected Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com
The previewed application appeared to be simple, with supporting documents not required.
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Biden plans on cancelling up to $10,000 in student loan debt for some people.
The Biden Administration has said people will be able to apply for the debt relief program in early October.
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The Biden administration says that the application to apply for student loan debt forgiveness will be accessible this month. But not all of the roughly 40 million borrowers are eligible. Danielle Douglas-Gabriel, higher
Some borrowers with privately held federal student loans are no longer eligible for debt relief if they didn’t apply to consolidate them before Sept. 29, 2022.
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