The White House expected to release a beta test of the student debt application platform as soon as Friday evening.
and that borrowers would not be required to provide documents or a federal student identification number.
The application will require borrowers to give their Social Security numbers and attest that they earned less than the income caps set for relief. The forgiveness iswho earned less than $125,000 in 2020 or 2021, or less than $250,000 for married couples. Nearly 95 percent of borrowers with federal student loans meet the income requirement for the program and qualify for relief, according to the White House.
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