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Student Loans, Student Loan Forgiveness

Do You Qualify For $2.3 Billion Of Student Loan Forgiveness?

Do you qualify for $2.3 billion of student loan forgiveness?

5/4/2021 5:12:00 AM

Do you qualify for $2.3 billion of student loan forgiveness ?

Read this to learn if you qualify for student loan cancellation .

Getty ImagesDo you qualify for more than $2.3 billion of student loan forgiveness?Here’s what you need to know — and what it means for your student loans.Student LoansSince becoming president in January,President Joe Biden has cancelled $2.3 billion of student loans for more than 110,000 student loan borrowers

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.America already has reacted in different ways to Biden cancelling student loans. Biden may not stop here—it’s possible that he cancels more student loans, either on a piecemeal basis for targeted groups of student loan borrowers, or on a wide-scale basis as progressive Democrats have hoped. The good news is that Biden already has approved student loan cancellation today. Therefore, it’s important to check whether you qualify for any student loan cancellation that is available now:

Student loan cancellation: $1 billion of student loansFirst, Biden  for 72,000 student loan borrowers. How do you qualify for $1 billion of student loan cancellation? Here’s how:Your college or university misled or defrauded you, or your school closed permanently;

You applied forstudent loan cancellationunder borrower defense to student loan repayment forgiveness;You proved to the U.S. Department of Education that your school misled or defrauded you, or that your school closed permanently;You suffered financial harm; and

You already got some, but not all your student loans were cancelled.How to get student loan forgiveness through borrower defense to repaymentWhat if you are not one of the 72,000 student loan borrowers, but you believe you were mislead by your school? You can contact the U.S. Department of Education or your student loan servicer, and then you should reference borrower defense to repayment and student loan forgiveness. You may be able to get your federal student loans cancelled under borrower defense to student loan repayment forgiveness. Here’s how:

Read more: Forbes »


No MAGA hat wearing Trump flag waving Republican voter would lower their standards and apply for this waste of taxpayers money.. Standards must be maintained Well I must oh, I keep getting those scam phone calls telling me that we can help you pay your student loan. So I must have a student loan somewhere so yeah I'll take some of that 2.3 billion. What a joke pay your debt. Everybody pay your debt, the people that paid it, goodjob!!