Student loan forgiveness :Things you must know

Great news for students who have taken loan for education.

On monday president Biden announced millions of students officially apply for loan forgiveness .

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Education department launch beta test site on friday and full launch on monday.

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Student can apply apply for upto $20,000 in loan forgiveness.

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Borrower can apply until Dec 31,2023 for the forgiveness program.

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who will be eligible for student loan forgiveness program?

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Income eligibility for individuals is $125,000 per year and for families $250,000 Per year.

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People can apply on government site studentaid.gov for loan forgiveness.

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More than 8 million people applied for loan forgiveness since site opens.

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