Here are the key dates and details, so far, for applying for student loan forgiveness.
The Biden administration announced in August that single borrowers who earn under $125,000 can qualify for $10,000 in federal school loan debt cancellation while those who are married qualify for that amount if their joint income is under $250,000 .
On Thursday, the Biden administration quietly excluded some borrowers of Perkins loans and Federal Family Education Loans . Both groups formerly qualified for loan cancellation. While some 4 million Americans in total have these loans, an administration official told ABC News that only about 770,000 people will be affected by the change.
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