Biden administration waives rule for disabled borrowers that cancels $1.3bn in student loan debt

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Biden administration waives rule for disabled borrowers that cancels $1.3bn in student loan debt
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  • 📰 The Independent
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Eligible borrowers would no loner need to submit income information under the new requirement

in 2016 showing that 98 per cent of reinstated disability discharges happened because the borrowers failed to submit the proper paperwork, not because their income rose above the poverty level. So the Monday announcement would prevent these instances from happening to borrowers.

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The Independent /  🏆 80. in UK

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