Thursday, April 21, 2022

Thousands of student loans could have been forgiven already - The Washington Post

…The findings arrive a day after the Biden administration said it would use one-time waivers and adjustments to retroactively credit millions of borrowers with additional payments to rectify years of administrative failures. The move will ameliorate some long-standing problems in the income-driven plans by clearing out many of the oldest loans. All borrowers that have been in repayment since at least 1997 or 2002 will receive automatic forgiveness of their remaining balances…


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