The Biden administration said it will begin notifying around 153,000 borrowers on Wednesday that their student loans have been canceled as part of a new repayment plan that's taking effect nearly six months ahead of schedule. Loan forgiveness was originally set to begin in July under the new SAVE repayment plan, but it was accelerated to provide faster relief to borrowers, President Joe Biden announced last month. It’s part of an effort “to act as quickly as possible to give more borrowers breathing room” and move on from their student debt, the Democratic president said in a statement. MORE: https://www.krem.com/article/news/nation-world/student-loan-forgiveness-biden-save-plan-notifications-begin/507-baa13366-7e35-4a4f-87d5-9cd82f6febee KREM ON SOCIAL MEDIA Facebook: https://www.facebook.com/KREM2 Twitter: https://twitter.com/KREM2 Instagram: https://www.instagram.com/krem2/ DOWNLOAD THE KREM SMARTPHONE APP Download for iPhone here: https://apple.co/3DuCvsY Download for Android here: https://bit.ly/3gFcDBC HOW TO ADD THE KREM+ APP TO YOUR STREAMING DEVICE Roku | Add the channel from the Roku store or by searching for KREM in the Channel Store: https://bit.ly/3FfhL9I Fire TV | Search for "KREM" to find the free app to add to your account. Another option for Fire TV is to have the app delivered directly to your Fire TV through Amazon: https://amzn.to/3D6GqKX Apple TV | Search Spokane News from KREM in the Apple store, or follow this link: https://apps.apple.com/il/app/spokane-news-from-krem/id1453203379?platform=appleTV