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Major Changes To Student Loan Forgiveness May Come This Week

admin by admin
October 3, 2021
in Loans
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What’s Next For Student Loan Cancellation

If you had any previous student loan payments that you made toward student loan forgiveness but were not counted, now it’s possible that these payments will count. To count prior student loan payments, student loan borrowers will need to apply for public service loan forgiveness before October 31, 2022.

Education Department may scrap this rule and count prior student loan payments, even for FFELP Loans. If the Education Department implements this rule change, it could be a game changer for student loan forgiveness.

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