Student Loan Relief: White House moves to cancel debt for some. Many are left out | Dig In 2 It
The U.S. Department of Education said at least 40,000 Americans will get their federal student debt canceled, and an additional 3.6 million will get some relief.
That's welcome aid for those borrowers. It leaves out the vast majority of those with student debt. The Education Data Initiative said 40 million American adults have federal student loans. The amount borrowed totals $1.6 trillion.
The latest move from the White House targets people that meet a certain criteria.
https://www.wfmynews2.com/article/news/local/2-wants-to-know/student-loan-forgiveness-debt-cancel-pay-off-repayment-pause/83-01028ba1-fa60-4216-bab7-e6c05dc294be
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