Borrowers eligible for new $9 billion in student debt relief don’t have to apply to get forgiveness

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Borrowers eligible for new $9 billion in student debt relief don’t have to apply to get forgiveness
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The Friday Morning Fever crew is hanging out at Canyon View High School in Waddell.

The Biden administration recently said it’s canceling another $9 billion in student debt for certain borrowers. We VERIFY what you need to do to see that relief.. This is on top of the Biden administration’s other student debt relief efforts, which now totals $127 billion for nearly 3.6 million student borrowers.No, borrowers eligible for the new $9 billion in federal student debt relief do not have to apply to get forgiveness.The U.

The student debt relief for borrowers in PSLF and IDR plans was approved by the Biden-Harris administration through “fixes” the Education Department made to the two programs, according to the press release. , which is an office of the Education Department, says it is sending notifications to borrowers it identifies as eligible for debt forgiveness through these fixes every two months until the end of the year.

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