Explained: Who Is Eligible For $7.7 Billion Student Loan Debt Relief And How To Apply
Updated May 27, 2024, 01:54 IST The Biden administration announces $7.7 billion in student loan debt relief initiatives, aiming to alleviate the burden on the 43.2 million borrowers facing America’s $1.6 trillion federal student loan debt. These measures include modifications to the income-driven repayment SAVE Plan and forgiveness for undergraduate loan holders. Eligible borrowers will