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U.S. forgives 40,000 student loans, provides aid to 3.6 million more

Summary by Ground News
The U.S. Department of Education is working to implement steps for nearly 4 million federal student loan borrowers to reach loan forgiveness. The department estimates these changes will result in immediate debt forgiveness for at least 40,000 borrowers. The announcement follows a move by the Biden administration earlier this month to extend a moratorium that has allowed millions of Americans to postpone payments.

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  • 72% of the sources are Center
72% Center
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Forbes broke the news in United States on Tuesday, April 19, 2022.
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