Do you also want to apply for Biden Student Loan?
President Joe Biden announced is forgiving student loans of up to $20,000 each
To apply for forgiveness under the plan, borrowers would submit an application to their loan servicer.
Biden’s plan only applies to middle class federal student loans
According to the US Department of Education, nearly 80 lakh students will benefit from this program.
Who is eligible for
The plan forgiving for borrowers with household incomes below between $100,000 and $250,000
The forgiveness will take place over a period of five years
The government will launch a simple application in the coming weeks before the moratorium ends