Student-loan borrowers facing hardship could be eligible for debt forgiveness under new Biden administration plan

This post was originally published on this site

https://images.mktw.net/im-611121

Borrowers facing significant challenges repaying their student loans, including also having high medical, caretaking or other essential bills, could be eligible for cancellation of their student loans under the Biden administration’s new debt-relief plan. 

The Department of Education said Thursday that it would include borrowers experiencing hardship repaying their student loans in its second stab at broad-based student-loan forgiveness. Officials also provided some detail as to who could be eligible for relief under the hardship…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.


Subscribe Now