What to know about Biden’s request for student loan relief

0

By Cory Turner, NRP

It’s hard to imagine a more anticipated form that the tens of millions of federal student loan borrowers will need to meet to qualify for President Biden’s debt relief plan. On Tuesday, senior administration officials revealed new details about the bid. Here’s what we know:

When the app arrives: The Biden administration has repeatedly said its request for debt relief will be available in early October. On a call with reporters, senior administration officials dropped the “early” but promised, “We’ll make the form available in October,” and said they were “working hard to get it right.” ensure that the form can handle the traffic we anticipate”.

In a legal filing on Friday, the department said it “will not discharge any student loan debt under the Debt Relief Plan until October 23, 2022.”

The app will be available until December 31, 2023.

Where will the application be posted: Officials said the app will be hosted on a .gov website and published in English and Spanish.

What the app will ask: As U.S. Secretary of Education Miguel Cardona said NPR a few weeks ago, the app, which officials shared with reporters on Tuesday, is pretty straightforward. It only requires basic information, including name, date of birth, social security number, phone number, and an email address.

Borrowers won’t need what’s called an FSA ID to log into the app, nor will they need to upload any documents, including tax records.



Follow us for more stories like this



CapRadio provides a reliable source of news thanks to you. As a nonprofit, donations from people like you support journalism that helps us uncover stories that matter to our audiences. If you believe in what we do and support our mission, please donate today.


Donate today

Share.

Comments are closed.