New Biden measure on student loan forgiveness | How it works for Georgians
11 live news at noon starts now, 1st at noon. We begin with a live look at the White House. We’re just in the last two hours President Biden announced a new student debt relief plan. The Biden administration says in the coming weeks it’ll wipe student debt for more than 800,000 borrowers to the tune of $39 billion in relief. The Biden administration says this plan will more accurately count and borrowers qualify monthly payments, which after 20 to 25 years makes some people on income based repayment plans. Eligible to have their remaining student debt wiped. Borrows eligible
for this plan are those with Direct Loans and those with Federal Family Education Loans. For more details and to see if you qualify, just search this story on 11alive.com.
