The Department of Education said Wednesday that it has so far identified 100,000 borrowers who are eligible for student debt cancellation due to the changes the agency made to the Public Service Loan Forgiveness program in October. The cancellations for those people are expected to total about $6.2 billion in federal student debt relief. Not all of the eligible borrowers have been notified of their debt relief yet. They are being notified on a rolling basis, and the Department of Education could not provide a date when all of them will have been contacted.
Source: KAKE – News