More than $17 Billion in Student Loan Debt has already been canceled since January 2021 for 725,000 borrowers. More student loan borrowers are steps closer to student loan forgiveness (cancelation) after President Biden through executive action took steps to rehabilitate defaulted loans through the "Fresh Start Program. In addition, the Department of Education to fix longstanding failures with the student loan programs. Let's talk about how this impacts you as a borrower.
📌File Defense Claim - If your school misled you or engaged in other misconduct in violation of certain state laws, you may be eligible for “borrower defense to loan repayment” and have some or all of loan discharged. 👉 https://studentaid.gov/borrower-defense/
📌Public Service Forgiveness - If you are employed by a U.S. federal, state, local, or tribal government or not-for-profit organization, you might be eligible for the Public Service Loan Forgiveness Program. Keep reading to see whether you might qualify. 👉https://studentaid.gov/manage-loans/f...
📌 Income Driven Plans - If your federal student loan payments are high compared to your income, you may want to repay your loans under an income-driven repayment plan. 👉 https://studentaid.gov/manage-loans/r...
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