Here’s some information about who is eligible and how to learn more about the process.
The U.S. Department of Education is launching an application that borrowers should fill out to receive their debt cancellation. The application is expected to open in early October. To receive a notification when the application is available, borrowers can sign up atBorrowers are encouraged to fill out the application before Nov. 15 to receive their relief before payments on student loans resume at the start of 2023.
Ensure no borrower making less than 225% of the federal poverty level — about the annual equivalent of a $15 minimum wage — will have to make a monthly student loan payment
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