Student loan cancellation if you already paid your student loans.
Should President Joe Biden cancel your student loans if you already paid them?for student loan borrowers. This is positive news for student loan borrowers, particularly those who have struggled financially in the wake of the Covid-19 pandemic. Wide-scale student loan cancellation would join the ranks of other types of student loan cancellation. For example, there’s student loan forgiveness for public servants. There’s also student loan forgiveness for a total and permanent disability.
One type of student loan forgiveness is notably missing, however:. Will Biden consider student loan relief for these student loan borrowers?Wide-scale student loan cancellation, according to Sen. Elizabeth Warren and Senate Majority Leader Chuck Schumer has multiple benefits, including:help borrowers save for retirement; andIf you have student loans and qualify for student loan forgiveness, you may have access to these tangible benefits. .
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