Great news for students who have taken loan for education.

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

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

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

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

who will be eligible for student loan forgiveness program?

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

People can apply on government site for loan forgiveness.

Where can you apply?

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


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