Biden Student Loan forgiveness 20,000$, 5 Things you need to know

Biden Student Loan forgiveness

Borrowers who entered repayment before the announcement

Biden Student Loan forgiveness

can get up to $20,000 of interest forgiven.

Biden Student Loan forgiveness

Borrowers nearing forgiveness under existing programs (IDR or PSLF)

Biden Student Loan forgiveness

not enrolled will be automatically identified and have their debt discharged.

Biden Student Loan forgiveness

The Department of Education will use existing data

Biden Student Loan forgiveness

to identify qualifying PSLF payments

Biden Student Loan forgiveness

potentially helping millions get forgiveness faster.

Biden Student Loan forgiveness

These plans aim to ease the burden on public

Biden Student Loan forgiveness

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