Preview of the Student Loan Forgiveness Application Released
A preview of President Biden’s student loan forgiveness application has been released.
Biden’s plan could relieve borrowers of up to $20,000 in debt. The application will require borrowers to provide basic information such as their name, email, phone number, date of birth and social security number. The applicant will be contacted if any additional information is necessary.
The preview was shared to allow viewers to witness that the application will be simple and straightforward as promised. It was stated that providing information in advance is “a really important step” in the process.
A date has not been set for the actual release of the application due to the legal battles the program is facing. However, the Biden Administration say the challenges will not stop the plan from carrying through.