Do you have questions about Joe Biden’s plan to cancel student loans?
Here’s what you need to know.
Will you get student loan forgiveness? When will you get student loan forgiveness? These may be some of the questions you have if your student loans get cancelled. Here are the answers to the 10 most popular questions about President-Elect Joe Biden’s plan to cancel student loans.
There’s no specific date by which you will get student loan forgiveness. President-elect Biden has called on Congress to cancel student loans immediately. That said, Congress won’t cancel student loans during this congressional term. Why? Republicans control the U.S. Senate and don’t support wide-scale student loan cancellation.