Tag: debt
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Borrowers apply for student loan forgiveness: Debt relief application goes live
By: Dalet Valles Published By: The Chimes Newspaper On Oct. 17, the U.S. government launched the application for student loan forgiveness. Those who applied during the beta period, which took place over the weekend, do not need to reapply if a confirmation email was received. The Department of Education recommends that all qualifying borrowers apply for the relief even though…
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Millions receive federal loan relief
By: Dalet Valles Published By: The Chimes Newspaper On Aug. 26, the Biden Administration announced a three-part plan to provide loan forgiveness to millions of students and graduates around the country. According to Forbes, student debt totals an estimate of $1.75 trillion, attributed to around half the population. The debt forgiveness plan will provide relief to those who…