Friday, July 28, 2023

Nearly 27,000 in Michigan eligible for student debt forgiveness - mlive.com

Nearly 27,000 in Michigan eligible for student debt forgiveness - mlive.com
"Fixes to the federal student loan repayment program means 26,980 Michigan borrowers are eligible to get their debt erased.
The U.S. Department of Education released state-by-state data last week on how many people will qualify for automatic debt discharge. 
In Michigan, more than $1.2 billion of student debt could be cleared for thousands of people...
U.S. Secretary of Education Miguel Cardona said the Biden administration is “fixing past administrative failures” by clearing $39 billion of debt for 804,000 people.
Debt will be discharged within 30 days of the emails being sent out...

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