How Student Loan Borrowers Can Take Advantage of President Biden’s Forgiveness Plan

"Student loan borrowers across the country will have until December 2023 to apply for up to $20,000 in forgiveness from the federal government," Chalkbeat reports. 

..."After borrowers apply, the Education Department will reach out if it needs additional information.

The White House said that borrowers should beware of scams.

Karen McCarthy, the National Association of Student Financial Aid Administrators vice president for public policy and federal relations, said borrowers should familiarize themselves with their borrower information, including how much they owe and what kind of loans they have."

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: 10/14/2022

View Desktop Version