Education Department Announces $2 Billion Of Student Loans Will Be Cancelled Within Weeks

  • by:
  • Source: Forbes
  • 11/15/2021
The U.S. Department of Education is cancelling another $2 billion of student loans.

Here’s what you need to know.

Student Loans

More good news for student loan borrowers seeking student loan forgiveness. U.S. Secretary of Education Miguel Cardona tweeted:

β€œGood news!” Cardona tweeted. β€œOver the coming weeks, more borrowers β€” including veterans & service members β€” will get emails about #PSLF debt cancellation,” Cardona added, referring to Public Service Loan Forgiveness student loan debt cancellation.

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