đź’° Education Dept. unveils beta test of student loan forgiveness application

TL;DR

Student loan borrowers began applying for up to $20,000 in debt forgiveness on Friday after the Education Department launched a beta test of its website ahead of the full rollout of the relief program.The portal — available at https://studentaid.gov/debt-relief/application — will be available on and off during the beta test, the agency said.“This testing period will allow the Department to monitor site performance through real-world use, test the site ahead of the official application launch, refine processes, and uncover any possible bugs prior to official launch.”The department has continued to lay the groundwork for the rollout as the forgiveness plan faces multiple legal challenges.Earlier this week, the Biden administration gave an early look at the application form for the president’s plan to forgive up to $20,000 in federal loan debt for eligible borrowers.The application will require borrowers to give their Social Security numbers and attest that they earned less than the income caps set for relief."

Like summarized versions? Support us on Patreon!