The Biden administration announced that the Education Department will be accelerating student loan forgiveness for a cohort of borrowers much sooner than expected.
As the Biden administration works to implement an ongoing temporary student loan forgiveness initiative, borrowers may want to keep an eye on their email.
Student loan forgiveness is ongoing, as the Education Department works to implement several initiatives. Here’s what borrowers should know about Biden’s plans.
While many new initiatives are focused on affordable payments or student loan forgiveness, one new program can help borrowers save for retirement or cover emergencies.