More than 800,000 student borrowers will have their loans automatically discharged within the next few weeks, the U.S. Department of Education announced Friday.
The move comes two weeks after the Supreme Court blocked a plan that would have provided student borrowers with up to $20,000 in debt reliefThe new automatic discharges come two weeks after the Supreme Courtthat would have provided borrowers with up to $20,000 in student debt relief. The 804,000 borrowers who will benefit from the payment count adjustments join 3.4 million others who have already seen their loans forgiven through a previous $116.6 billion in Biden-Harris Administration initiatives.
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