"Massive Student Loan Relief Unfolds: 164,000 Borrowers Eligible for Automatic Forgiveness. In a significant move to alleviate the burden of student debt, the U.S. Department of Education is set to notify approximately 164,000 federal student loan borrowers that they are eligible for automatic loan forgiveness. These borrowers, who have been identified as having permanent disabilities, will have their loans discharged without needing to apply for forgiveness individually. This development comes as part of the Biden administration's ongoing efforts to reform the nation's student loan system and provide much-needed relief to millions of Americans struggling to pay off their debt."
Today, about 164,000 federal student loan borrowers are being notified that they are eligible for automatic loan forgiveness.
