Tag: student loan discharge
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$39 billion student loan discharge, providing help to 804,000 borrowers, according to the U.S. Department of Education
The U.S. Department of Education declared on Friday that $39 billion in unpaid student loans would be canceled. Over 804,000 people shall be notified by email in days to come that their federal student loans would be immediately erased. Borrowers need to have finished an income-driven repayment (IDR) plan with payments equal to one of…