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Everything to know to apply for student loan forgiveness

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www.wxxv25.com – WXXV Staff – 2022-10-18 14:07:06

Biden
speaks about the student debt relief portal beta test in the South Court Auditorium on the White House complex in Washington, Monday, Oct. 17, 2022. (AP Photo/Susan Walsh)

NEW YORK (AP) — President Joe Biden’s student loan forgiveness program. announced in August, will cancel up to $20,000 in debt per borrower. The application process is now open, and the administration says the forms should take five minutes to complete.

Borrowers who apply before mid-November should see forgiveness before Jan. 1, when payments on loans are scheduled to restart…

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