"Massive Student Loan Debt Cancellations Bring Relief to Over 800,000 Borrowers"
TL;DR Summary
The Biden administration has announced that more than 800,000 student loan borrowers who have been paying their loans for at least 20 years will start to see their remaining balances canceled. This move is part of the government's plan to cancel $39 billion in student debt for eligible borrowers. Notifications will be sent to qualifying borrowers by their loan servicers and the Department of Education.
Topics:top-news#biden-administration#borrowers#debt-relief#education#loan-cancellation#student-loans
- More than 800,000 student-loan borrowers to start seeing their debt canceled MarketWatch
- Growing concern among students, advocates in US as student loan debt repayments restart CNA
- Over 800,000 student-loan borrowers now set to get debt wiped out Business Insider
- Private Student Loan Rates: August 14, 2023—Loan Rates Rise – Forbes Advisor Forbes
- Student loan repayments won't keep consumers down: Morning Brief Yahoo Finance
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
0 min
vs 1 min read
Condensed
53%
139 → 65 words
Want the full story? Read the original article
Read on MarketWatch