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
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