Borrowers will start getting emails as early as February 21 informing them that they will receive debt forgiveness.
President Joe Biden is slated to announce Wednesday during his fundraising trip to Los Angeles that his administration will cancel another $1.2 billion in student loan debt — this time for about 153,000 borrowers. All of them have been approved for the shortened repayment period benefit under the Saving on a Valuable Education (SAVE) Plan. These borrowers will start getting emails from the Biden...