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 Gold Price Hovers at Record Peaks: Eyes Set on Fed's Powell for Rate Cut Hints READ MORE Gold Prices Rebound Amid Rate Cut Speculations and Data Focus READ MORE Gold Surges to New High Amid Rising Haven Demand READ MORE Potential 2025 Recession Could Plunge Stock Market by 30%, Experts Warn READ MORE Biden Administration Erases $1.2 Billion in Student Debt for 150,000 Americans READ MORE Add a Comment Cancel replyYour email address will not be published.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