Student Loan Forgiveness Approval Emails Sent To Thousands As New Program Gains Steam

The Biden administration is sending emails to hundreds of thousands of borrowers, notifying them that they have been approved for student loan forgiveness.

The notifications followed an announcement on Friday that the Education Department had approved $39 billion in new student loan forgiveness for over 800,000 borrowers. The department indicated that borrowers would start receiving emails notifying them of their approval for loan forgiveness in subsequent days.