25 Million Borrowers to Receive Student Loan Forgiveness Updates The Biden administration is advancing its new student loan forgiveness initiative by emailing 25 million borrowers this week to inform them of their potential eligibility for debt relief. This effort follows a year-long process to develop a new plan after the Supreme Court overturned Biden’s initial proposal. The new program, leveraging the Higher Education Act, aims to provide relief to various borrower categories, including those with high interest rates, long-term repayment histories, and low-financial-value programs. Up to 25 million borrowers could benefit from this initiative, with the potential to increase the total number of eligible borrowers to over 30 million. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Europe Rallies on French Election, US Awaits Jobs Data READ MORE JPMorgan Predicts U.S. Recession Delayed to 2025 Following Manufacturing Rebound READ MORE The Road to $3,000 Gold READ MORE 30-Year Fixed Mortgage Back Near 7% READ MORE Bank of Japan Takes Center Stage in Crucial Week for Global Markets READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment