Applications open for federal student loan debt forgiveness

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Applications open for federal student loan debt forgiveness
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Borrowers can now sign up for the President’s student loan forgiveness as the application has finally been released.

The form does not require documents, such as tax returns. It does require borrowers to submit their names, social security numbers, date of birth, phone and email.

Cardona said nearly 6 million people signed up to receive the email alerting them to apply after the President announced in August that he was extending the pandemic program. “It’s honestly been more of a relief knowing that, you know, when you’re in undergrad, you know that it’s looming, like, you’re going to graduate and you’re going to have to start paying back. I know for my sister, it was always on the forefront of her mind. You need to pay them off. And so it kind of was a relief that I could work. I mean, it was always in the back of my mind. I always knew that it had to be paid.

“Just coming up with a monthly budget to pay off the loans with or without the forgiveness, because, I mean, it is nice to know that it might be coming my way, but also trying to get ahead of it,” she said.

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