FINANCE GURU ADVICE

 The Biden Administration's $1.2 Billion Loan Forgiveness for SAVE Plan Borrowers In a ground breaking move aimed at easing financial pressure on students, The Biden Administration has recently announced a significant milestone in their ongoing efforts to address the student loan forgiveness crisis. With the approval of $1.2 billion in student loan forgiveness, over 153,000 students enrolled in Saving on a Valuable Education(SAVE) Plan will benefit from this initiative. The cancellations were initially scheduled to start in the month of July , however Biden speaks in California as he announces student loan relief for over 153,000 borrowers, which would be almost five months ahead of schedule in February. The Biden Administration started sending notification alerts to some of the borrowers, who will benefit from the SAVE Plan loan forgiveness.                                                                          Eligibility Criteria & Notification Alert Process Borrowers

  STUDENT LOAN FORGIVENESS NEWS Biden administration greenlights $39 Billion Student Debt Forgiveness Plan. Biden Student Loans Forgiveness is for 804,000 student's. Just few weeks before Supreme Court overturned  Joe Biden's plan to cancel up to $20K of student debt's, however Biden administration declared that it would be forgiving student loan for 800K+ student's. This scheme came after Supreme Court's decision in June, which prevented Joe Biden from forgiving $441 billion in loans.   WHO WILL BENEFIT FROM THE PLAN? Biden student loans forgiveness is only applicable for borrower who have been making payment for 20-25 years. Immediate forgiveness will be provided to borrowers paying debt from two or more decades, yet still have a balance. Mainly focused on borrower's who repays their loans under Income-Driven Repayment(IDR). Late or Partial payments were also made eligible. Bank Services weren't keeping track of qualifying payments, so credits were given t