Student loan borrowers want's every new update about Biden's Student Loan Forgiveness. Here is very big update for them

Biden administration has now agreed to hold off forgiving federal student loans until Oct. 17.

It means Student loan borrowers have to wait at least 2 more weeks

this happened because of a lawsuit filed by six Republican attorneys general against this student loan saying it unconstitutional. 

 A hearing for that suit will be held next Wednesday and then all thing will be clear with application date 

this plan is forgive up to $20,000 in student loan debt for most federal borrowers. 

Department of Education said the application would be available in “early October.” But now it will be after 17th of october

At least 8 million applicants will receive forgiveness automatically.