Student loan borrowers can now apply for the Biden administration’s new loan repayment program, and the Education Department is working with a network of organizations to spread the word.
The release of the application, which launched in beta form earlier this month, comes nearly one year after President Biden announced his plans to forgive up to $20,000 in student loans for 43 million Americans. The Supreme Court struck down that plan, but Biden’s other effort to make student loan payments more affordable moved forward.
