Biden cancels $7.4 billion in student debt. Here's who is eligible.
The White House is turning to other methods to erase student debt after the Supreme Court blocked its broader effort to forgive loans.
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The White House is turning to other methods to erase student debt after the Supreme Court blocked its broader effort to forgive loans.
Typically, FAFSA forms are released on Oct. 1. But this year, the application forms came out three months late, on Dec. 30, 2023.
President Biden said that of the borrowers who can get their loans forgiven, nearly 44,000 are teachers, nurses, firefighters and others who are eligible for forgiveness after working 10 years of public service.
Only some types of debt are covered by the plan. Make sure your loans qualify ahead of the application.
President Biden has canceled up to $20,000 in federal student loan debt for eligible Americans. Here's how you can find out if you qualify.