Check your email: Student debt relief updates sent – Thelocalreport.in

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In this May 17, 2018, file photo, new graduates line up before the start of the Bergen Community College commencement at MetLife Stadium in East Rutherford, NJ A deadline is fast approaching for teachers, librarians, nurses and others who work in public service to apply to have their student loan debt forgiven. New figures from the US Department of Education show 145,000 borrowers have had the remainder of their debt canceled through the Public Service Loan Forgiveness program. (AP Photo/Seth Wenig, File)

(The Hill

) — The US Department of Education began sending out emails this weekend to update applicants seeking student loan relief about the program as it drags through the courts.

Education Secretary Miguel Cardona said the department began sending emails on Saturday and would continue to send them out to applicants over the coming days.

“We remain confident in our legal authority to carry out the Student Loan Debt Relief program
@POTUS & I announced in August,” Cardona tweeted. “Borrowers, remember, we will not stop fighting for you.”

Emails are being sent to applicants who have been approved by the Education Department, according to screenshots shared on Twitter and obtained by Nexstar.

“Your application is complete and approved, and we will discharge your approved debt if and when we prevail in court,” the email to approved borrowers reads.

President Biden’s relief program would forgive up to $10,000 in student loans for those making under $125,000 annually and up to $20,000 for Pell Grant recipients. The program is estimated to cost about $40 billion over 30 years.



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