U.S. Education Department will forgive $5.8 billion in loans for some students

Student loan debt reached $1.7 trillion in 2020, and Democratic leaders have pushed for President Joe Biden's administration to forgive many of those loans. The Department of Education says it'll cancel billions of student debt, but only for certain individuals.
Stay up to date
Subscribe to the free GESS Education newsletter and stay updated with the latest insights, trends, and event news every week. Your email address will remain confidential