Here's Who Could Qualify for Student Loan Forgiveness Under Biden's Brand New Debt Relief Plan

On Thursday, the White House announced an additional $9 billion in student debt relief for 125,000 Americans. This debt forgiveness will help 53,000 borrowers under Public Service Loan Forgiveness programs, nearly 51,000 borrowers who made 20 years or more of payments, and nearly 22,000 borrowers with a total or permanent disability. 

More individuals could have their student loans canceled, as well, in the not-too-distant future. Here's who could qualify for student loan forgiveness under President Biden's brand new debt relief plan, based on priorities detailed by the Department of Education.

Image source: Getty Images.

Continue reading


Source Fool.com