Millions of Borrowers Just Got a Quicker Path to Student Loan Forgiveness

"Changes announced by the Department of Education Tuesday will help millions more borrowers become eligible for student loan forgiveness under income-driven repayment plans," Money reports.

..."Most borrower advocates and financial aid experts applauded Tuesday’s announcement, while stressing that more improvements are needed.

'This is a small step toward rectifying the situation for borrowers who were misled or in the dark about all the options available to them,' Justin Draeger, CEO of the National Association of Student Financial Aid Administrators, said in a statement."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

 

Publication Date: 4/20/2022

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