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The first student-debt relief email update just went out from Biden's Education Department
Millions of federal student loan borrowers just received their first official update from Biden's Education Department about the relief that's coming to them.
In August, President Biden announced up to $20,000 in student-loan forgiveness for individuals making under $125,000 a year. But since the announcement, borrowers have been awaiting further details about how and when their debt will be cancelled.
On Thursday, US Department of Education sent out the first of what it said will be a weekly "Debt Relief Update." Borrowers can sign up for future updates here.
Link to tweet
The first email touches on who's eligible for relief, what they might be eligible for, how cancellation will work, and what to expect moving forward.
https://www.msn.com/en-us/money/careersandeducation/the-first-student-debt-relief-email-update-just-went-out-from-biden-s-education-department/ar-AA12p2yy
