The ruling will pave the way for applications for the program to open and the government to grant debt relief.
for loan forgiveness online, and the court’s ruling means those applications will stay open and nothing about the program will change. It’s still unclear when those applications will start being processed and borrowers will have their debt relieved, though the administration told Autrey it did not plan to discharge any debt relief before October 23.
on Monday, but all applications during the beta period are being processed and borrowers will not have to resubmit any information. All borrowers must submit an application for loan forgiveness by December 31.in August it would forgive student loans for many borrowers, relieving $10,000 in debt for people earning less than $125,000 , or $20,000 in debt for federal Pell Grant recipients.
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