know Who is eligible for the new student loan forgiveness?

The Department of Education announced that a review of how federal student loan programs have been administered

The Department of Education announced that a review of how federal student loan programs have been administered

found borrowers have been improperly steered into forbearance.

found borrowers have been improperly steered into forbearance.

Federal Student Aid (FSA) will conduct a one-time adjustment that

Federal Student Aid (FSA) will conduct a one-time adjustment that

it estimates will result in the immediate debt cancellation for tens of thousands of student loan borrowers.

it estimates will result in the immediate debt cancellation for tens of thousands of student loan borrowers.

borrowers who think they were affected will need to contact the FSA Ombudsman.

borrowers who think they were affected will need to contact the FSA Ombudsman.

Loan servicers are required under Department rules to give federal student loan borrowers

Loan servicers are required under Department rules to give federal student loan borrowers

“clear and accurate information” when they are facing delinquency on their payments.

“clear and accurate information” when they are facing delinquency on their payments.

thanks for reading

thanks for reading