Ultimately, close to 800,000 borrowers will be directly affected by the policy change,First, you should verify that you meet the income threshold by checking your 2020 and 2021 tax returns, as experts say that the administration will likely estimate your annual income from either, or both, of those forms.
Since the FFEL program ended in 2010, if you took out any federal loans after that year, they're likely held by the government, and you'll still qualify for relief, Buchanan adds.Earlier this week, an attorney for the Pacific Legal Foundation, a conservative law organization, launched the first major legal challenge to Biden's plan.
This is so unfair! He should be impeached! He’s a lying snake! People got false information and to change things at thispoint is just wrong!
MakeIt so not all 'borrowers' will get treated equal. But guaranteed NO non-borrowers will get treated equal.
MakeIt Guess they couldn't just write a check to the private entities without congress's approval. Constitution 101
MakeIt So, big banks won again? Who cares about the students? It's just another demagogy