Student Loan Forgiveness: How to Take Advantage of Revised Federal Programs

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Student Loan Forgiveness: How to Take Advantage of Revised Federal Programs
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Millions of student-loan borrowers have an opportunity to get credit toward debt forgiveness. But those that are able to pursue it might not want to. Here’s what you need to know about the new rules.

Some borrowers could have their student debt wiped out completely; others may be eligible to qualify sooner

Navient’s recent $1.7 billion settlement will erase student debt for about 66,000 borrowers. WSJ’s Josh Mitchell breaks down the settlement and explains which borrowers will receive debt relief. Photo: StoryblocksThe U.S. Education Department is hoping to make it easier for people with student loans to have some of their debt forgiven.designed to speed up the process of loan forgiveness under existing programs that borrowers complain have been complicated and difficult to navigate.

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