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."

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Publication Date: 4/20/2022

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