Millions of borrowers have had their federal student loans forgiven in the past two years, thanks to new programs introduced by the Biden administration. More debt relief is on the way.
These programs can help borrowers in a variety of situations, including those who work in public service, those who were deceived by their schools, and those who have disabilities.
The administration is especially focused on helping borrowers who graduated many years ago but still have old student loans. Hundreds of thousands of these borrowers have already had their loans forgiven, and more programs are in the works to help even more people.
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