The following is an excerpt from Yahoo News! via USA Today.
The application, which will be accessible on cell phones as well as computers, will be published in both English and Spanish and designed for people with disabilities. It will require entering a Social Security number.
The application also will require the borrower to sign and agree to a form about what they earn. Anyone who is found to have provided false information would be subject to significant fines and perhaps jail time, according to White House officials.
Officials described the application as "simple and straight forward," keeps questions to a minimum and was designed after being tested.
When the form will go live is still up in the air, however.
"We don’t have an announcement to make on the launch date," a White House official said on a call with reporters.
Biden senior administration officials, who spoke to reporters on the condition of anonymity, said it's "full steam ahead" with the student loan cancellation plan even amid legal challenges from Republican-led states.
Officials did not provide a release date – or a website where borrowers can access the application – but said the White House is on track for an October launch after initially targeting "early October."
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