Over the last nine months, the Biden administration has enacted nearly $10 billion in student loan forgiveness, using executive authority to modify or expand existing federal student loan relief programs.
Student loan borrowers have been clamoring for information about who qualifies, and how to obtain relief. But for the vast majority of borrowers who do qualify, no action is required. That’s because most of the covered student loan forgiveness initiatives will be implemented automatically, and borrowers will be notified by the Department of Education. In short, if you qualify, you’ll probably know.
