Biden Cancels $7 Billion in Federal Student Loans for Disabled Students Through Data-Sharing Program
On the heels of President Joe Biden officially extending the student loan payment moratorium until August 31 -- claiming it "will help Ameri
finance.yahoo.com
The Biden administration recently announced that it has cancelled $7 billion in federal student loan debt for some 350,000 borrowers with disabilities
This is being done for those with a TPD (total permanent disability) discharge, and will be automatic.
It applies to the following loan and grant programs: William D. Ford Federal Direct Loan (Direct Loan) Program loans, Federal Family Education Loan (FFEL) Program loans, Federal Perkins Loan (Perkins Loan) Program loans, and Teacher Education Assistance for College and Higher Education (TEACH) Grant Program