Late Friday night, for the first time, some borrowers were able to apply to cancel up to $20,000 in student loans that President Biden promised in August.
The Department of Education, which directly owns $1.6 trillion in federal student loan debt owed by 45 million borrowers, said Friday it began a “beta test of its student debt relief website.” The agency said it hopes testing will help spot problems before the site goes live.
“Renters will not be required to reapply if they submitted an application during beta testing, but the application will not be processed until the site officially launches later this month,” a department spokesperson said. said.
some jumped right away suddenly active site.
“Student Debt Relief Applications Now Accepting!!” Minnesota Democrat Rep. Ilhan Omar said: murmured.
On Twitter, several people reported successfully submitting their applications. Others have come across news that their application is queued with the following message: Once you submit your application, it will be processed and you do not need to resubmit it. “
Biden’s plan to cut federal student loan debt by up to $20,000 per borrower, an enforcement action estimated to cost more than $400 billion, has been challenged in court, prompting him to expedite the debt. pressure the government to repay A federal judge in Missouri heard oral argument this week in a lawsuit filed by a group of Republican state attorneys general seeking an injunction to block the implementation of debt forgiveness.
The Ministry of Education told the court that October 23 would be the earliest date to write off student debt.