Biden Administration Wants to Ease Student-Loan Forgiveness for Some

"Students could have a clearer path to loan forgiveness and affordable repayment of their education debt under plans unveiled Wednesday by the Biden administration," The Washington Post reports.

..."Justin Draeger, president of the National Association of Student Financial Aid Administrators, worries the lag time between the end of the [PSLF] waiver in November and the implementation of the new regulations next July will force borrowers to contend with the existing byzantine rules.

On a call with reporters Wednesday, Undersecretary of Education James Kvaal said, 'We are continuing to assess the PSLF waiver, but my advice would be for borrowers to apply before Oct. 31 to ensure they get the benefits of the waiver.'"

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: 7/6/2022

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