Credit : Google Image
Credit : Google Image
Was Announced by President Joe Biden.
Credit : Google Image
With this Scheme, student can apply for $20000 as debt forgiveness.
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Borrowers who make less than $125,000 a year, can apply for this.
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Biden administration has said it could take weeks to process an application.
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Applicants will receive an email confirmation After the application is accepted.
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Borrowers will also not have to pay federal income tax on the student loan debt forgiven.
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