400,000 Were Promised Student Loan Forgiveness. Now They Are Panicking
"More than 400,000 student loan borrowers may have placed their faith in a government program with an uncertain future," CNN Money reports
This October marks the 10th year of the program and the first time anyone will have made enough payments to get their debt wiped away. It's unclear how much the program will cost the government when its starts to forgive those debts.
The program has been shrouded in some uncertainty for months.
On Wednesday, the Washington Post
reported that the Department of Education is planning to propose ending the Public Service Loan Forgiveness Program."
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Publication Date: 5/19/2017