More than 800,000 federal student loan borrowers will have their debts automatically forgiven, the Biden Administration said Friday, citing administrative deficiencies that failed to account for some of the borrowers’ payments.
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JUST IN: Biden Announces $39 Billion Student Loan Forgiveness—800,000 Could Have Debts Forgiven
READ MORE: https://www.forbes.com/sites/saradorn/2023/07/14/biden-announces-39-billion-student-loan-forgiveness-800000-borrowers-could-lose-debts/?sh=654575896257
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
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