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Sunday, November 27, 2022

Student-Loan Forgiveness: Who Qualifies for Biden’s Plan, and How to Submit an Application

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President Biden’s student-loan plan will reduce or wipe out the debt of millions of borrowers. 

The beta launch of the application for debt relief is online, but will be switched off intermittently as the site is tested. The official launch is later this month, and applications won’t be processed until the official launch, according to the Department of Education. Borrowers must apply by Dec. 31, 2023.

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