Biden’s student loan forgiveness moves forward, as application process is unveiled


The following is an excerpt from Yahoo News! via USA Today.

In the face of multiple legal challenges, the White House on Tuesday released a preview of the application form for the president’s one-time student debt relief cancellation.

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.”

Read more here.


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4 thoughts on “Biden’s student loan forgiveness moves forward, as application process is unveiled”

  1. I hope this NEVER goes live!! There was no money for me to go to college. I went to WORK. No damned reason why I should pay for this!

  2. THOMAS N SCHENDEN

    I chose a college I could afford and paid my bills myself. When I did get a student loan (for $2,000) I paid it back within the year.

    I’m not interested in paying off others’ student loans. I expect this plan will be halted in November.

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