Can Student Loan Forgiveness Still Happen?

"Each passing day brings 43 million federal student loan borrowers closer to resuming the payments that have been paused since March 2020 — and further from the chance that life-changing loan forgiveness is coming anytime soon. Borrowers had reason to hope," NerdWallet reports.

..."The conversation around loan forgiveness is unlikely to end anytime soon, says Megan Coval, vice president of policy and federal relations at the National Association of Student Financial Aid Administrators. Coval says forgiveness could still happen, and it’s possible borrowers might see more targeted cancellation by factors like debt amount or income — though there has been no proposal of this nature thus far."

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Publication Date: 6/11/2021

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