DOE Releases New Website To Assist Student Borrowers
The new website will provide clear instructions for people who want to apply for debt forgiveness under a program called Borrower Defense to repayment.
The Department of Education launched a new webpage.
The Biden Administration is attempting to make it easier for borrowers who were misled by their colleges to apply for student loan forgiveness. The new website will provide clear instructions for people who want to apply for debt forgiveness under a program called Borrower Defense to repayment.
The Federal Student Aid Office is offering more comprehensive information about how to apply. If the Department approves a Borrower Defense application, the remaining federal student debt the applicant has will be canceled.
The Borrower Defense program is one of several that offer student debt relief to targeted groups of people.
President Biden’s Student Loan Forgiveness program is separate and still faces legal challenges as the Supreme Court is set to hear arguments on February 28th.