"Massive Student Loan Forgiveness Effort Unfolds: 164,000 Borrowers Eligible for Automatic Relief. In a long-awaited move, the US Department of Education has begun notifying approximately 164,000 federal student loan borrowers that they are eligible for automatic loan forgiveness. This significant development comes as part of a broader effort to simplify and expand the government's student loan forgiveness programs. Those eligible will have their loans discharged without the need for further application or documentation, marking a major milestone in the ongoing push to address the growing student debt crisis in the United States."
Today, about 164,000 federal student loan borrowers are being notified that they are eligible for automatic loan forgiveness.
