Key Dates In Student Loan Forgiveness Application Process
To date, Biden has canceled over $25 billion of loans for 1 million student borrowers, a small dent in the $1.7 trillion collectively owed by graduates. The scheme will see upwards of 43 million student loans reduced or forgiven entirely in the coming months, with as many as 8 million borrowers automatically qualifying for the support. The cost of a 4-year public or 4-year private college has almost tripled in the last 40 years, but federal support has failed to keep up, forcing millions of Americans into borrowing to pay for their education....