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US launches website for students' debt relief_我的网站

A |     中国小康网讯  国务院新闻办公室定于2024年4月23日（星期二）上午10时举行“推动高质量发展”系列主题新闻发布会，辽宁省委副书记、省长李乐成围绕“以更大担当和作为谱写辽宁全面振兴新篇章”作介绍，并答记者问。    Washington, Oct 15 (UNI) The Department of Education has launched a website allowing federal student loan borrowers to begin submitting applications for some debt relief, US media reported.

The department is accepting applications “to help us refine our processes ahead of the official form launch,” according to guidance on the newly launched beta website on Friday.

The formal application period for student debt relief is scheduled to begin later this month and run through the end of 2023.

Biden announced his student debt relief plan in August. It will provide up to $10,000 in debt cancellation for borrowers who earn less than $125,000 a year and couples who file taxes jointly and earn less than $250,000 annually.

Pell Grant recipients, who make up the majority of borrowers, would be eligible for an additional $10,000 in debt relief. The overall plan is expected to help more than 40 million borrowers, the administration said, NBC news explained.

The launch of the site, reported by CNN, comes ahead of the formal application period for student debt relief, slated to begin later this month and run through Dec. 31, 2023, the website says. The Education Department previously said that applications would available in early October.

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Published on:11:55:58