Student loan forgiveness in hands of "understaffed and overcommitted" agency

Posted on AllSides August 26th, 2022
From The Center
Maura Losch/Axios

The implementation of President Biden's widespread, income-targeted student loan forgiveness is shaping up to be a bureaucratic challenge for the Department of Education.

Why it matters: Millions of Americans are in limbo waiting for information on how to take action on student debt relief — the success of which relies largely on an agency juggling unprecedented changes, on top of other reforms.

The agency doesn't have income data for most of the 43 million Americans eligible for forgiveness, meaning around 35 million people — including Pell Grant recipients — will have to attest that they makes less than $125,000...

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http://axios.com/2022/08/26/student-loan-forgiveness-in-hands-of-understaffed-and-overcommitted-agency

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