Student loan forgiveness application is now open: How to apply
CBSN
The U.S. government opened a website to allow Americans with federal student loans to apply for up to $20,000 in debt forgiveness.
The site comes after the Biden administration said its goal was to create an application that would be "short and simple." The application requires just a few minutes to fill out, but could leave some borrowers with questions about the timing for debt forgiveness, among other issues.
President Biden highlighted the new debt-relief site in a press briefing on Monday, saying the forgiveness program is now open and calling it a "game-changer for millions of Americans." On Friday, the Education Department opened a beta version of the application and on Monday went live with the website to apply for loan relief.
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