"The White House on Monday announced the official launch of the student debt relief application website, giving students in debt a chance to eliminate as much as $20,000 of what they owe," Central Oregon Daily News reports.
"'It’s easy, it’s fast, at the end of my remarks, I’m going to be officially launch this new application site at studentaid.gov,' said President Joe Biden.
There was a soft launch of the website on Sunday. Anyone who used it then won’t have to reapply.
'Most federal loans are eligible for this program: so all Federal Direct Loans subsidized and unsubsidized, the graduate and Parent PLUS programs, as well as Federal Family Education Loans and Perkins loans,' said Megan Walter, a policy analyst with National Association of Student Financial Aid Administrators (NASFAA)."
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: 10/17/2022