State officials say there are various situations that make borrowers eligible.
For instance, in Massachusetts and Pennsylvania, the average debt being canceled is around $27,000, officials say. In Washington state, it’s about $25,000.From Philadelphia, she was the first in her family to go to college and needed financial aid to go. She chose the nursing program at Drexel University and, in 2006, took out a loan through Navient.
One student who enrolled in a master’s degree program did not complete the degree and struggled to repay the loan, it said.
Navient transferred my student loans to Aidvantage in December so what does that mean?!
1.85 billion is only about 0.1% of all student debt. In perspective, roughly $1 has been cancelled for every $1000 of student debt. This won't affect millions of struggling people who worked hard and paid dearly to fill positions requiring an expensive college education.
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