Student loan forgiveness applications could open within weeks. Take these 4 steps now to get ready

[Beachnutt]

CNBC
The U.S. Department of Education may have its application for student loan forgiveness up and running within the next few weeks.
Borrowers may start to see their balances reduced or eliminated by the end of the year, according to a department spokesperson.
Here’s how to prepare so that you’re ready for the jubilee.
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https://www.cnbc.com/2022/08/30/how-to-get-ready-to-apply-for-student-loan-forgiveness.html

[underpants]

1. It's supposed to close October 31

[questionseverything]

6. Folks have until December 31, 2023 to go through the process

[underpants]

7. Okay I'd seen Oct. 31.

[Renew Deal]

8. That's a different program for public service employees.

[underpants]

9. Oh. Thanks.

[Celerity]

2. What happens if the SCOTUS strikes it down? Does the amount forgiven go back on the balance?

Also, will interest be retroactively applied, so even more is put back on as a debt?

[Indykatie]

3. My Niece's $9275 SL Balance Was Automatically Wiped Out

Hers are recent loans with the oldest being 4 years old. My daughter has loans dating back 15-20 years that were not changed so we assume she will have to use the application process for relief.

[Faux pas]

4. Kickin'

[Just A Box Of Rain]

5. What if anything is happening with new student loans taken in Fall of 2022?

[demtenjeep]

10. thank you

will work on it this weekend