Student Debt Relief Site Sparks Skepticism Amid Lawsuits

The Biden administration's online application for student relief hit a rough patch upon launch, and borrowers question if they'll actually see relief.

A major step toward wiping out thousands of dollars of student loan debt for millions hit a stumbling block Monday.

As the Biden administration launched the online application to determine eligibility for loan forgiveness, the site briefly went down under high demand.

"As millions of people fill out the application, we're gonna make sure the system continues to work as smoothly as possible so that we can deliver student loan relief for millions of Americans as quickly and as efficiently as possible," President Joe Biden said.