There’s Still Time To Qualify For Student Loan Forgiveness Under Adjustment

This week, hundreds of thousands of borrowers are receiving student loan forgiveness as a result of a Biden administration initiative that adjusts qualifying payment counts.

“Beginning this week, 804,000 student loan borrowers started receiving $39 billion in automatic student loan discharges thanks to fixes to income-driven repayment (IDR) plans implemented by the Biden-Harris Administration,” said the Education Department in a statement on Tuesday.