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804,000 long-term borrowers are having their student loans forgiven before payments resume this fall

Por: ABC News Business September 29, 2023

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NEW YORK -- Karin Engstrom thought she’d be paying off her federal student loans for the rest of her life. The 82-year-old was shocked when she logged on to check her balance ahead of payments resuming in October and found that more than $175,000 in debt had been erased.She's one of 804,000 borrowers who will have a total of $39 billion forgiven under a one-time adjustment granted by the Biden administration. It's for people in... + full article



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