The Biden administration is canceling an additional $7.7 billion in student debt debt for 160,000 American borrowers. This is the latest round of debt forgiveness after Biden forgave $6 billion of debt at the beginning of the month for Art Institute students defrauded by the organization and another $7.4 billion for 277,000 borrowers and SAVE program enrollees in April.
Yahoo money management Senior Columnist Rick Newman explains the steps to determine whether borrowers can qualify for debt forgiveness after the Department of Education extended its consolidation deadline from April 30 to June 30.
#news #studentdebt #shares
About Yahoo money management:
Yahoo money management provides free stock ticker data, up-to-date news, collection of investments management resources, comprehensive industry data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at money management.yahoo.com
– Download the Yahoo money management app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo money management on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/firm/yahoo-money management
Disclaimer:
If you own the YouTube channel related to this video and do not want it to be featured here, you can contact us through our contact page. We will gladly remove it without questioning your reasons.