Student loan payments are due again for most borrowers soon, but some people who have been paying for years are having their loans forgiven.
WASHINGTON — Karin Engstrom thought she’d be paying off her federal student loans for the rest of her life. The 82-year-old was shocked when she logged on to check her balance ahead ofShe's one of 804,000 borrowers who will have a total of $39 billion forgiven under a one-time adjustment granted by the Biden administration. It's for people inwho have been paying back loans for 20 or 25 years but who never received credit for late or partial payments.
The letter listed two original federal loan amounts of $30,067.45 and $45,729.97 — now gone, along with accumulated interest that more than doubled her total. Engstrom worked until recently as a substitute teacher and teacher's aide, and had previously been a professional photographer.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fight between two students ends with one trying to stab the other with pencilThe 17-year-old student tried, but failed, to stab the other student with a pencil.
Leer más »
After years of payments, 804,000 borrowers are having their student loans forgivenStudent loan payments are due again for most borrowers soon, but some people who have been paying for years are having their loans forgiven.
Leer más »
After years of payments, 804,000 borrowers are having their student loans forgivenStudent loan payments are due again for most borrowers soon, but some people who have been paying for years are having their loans forgiven.
Leer más »
After years of payments, 804,000 borrowers are having their student loans forgivenStudent loan payments are due again for most borrowers soon, but some people who have been paying for years are having their loans forgiven.
Leer más »
Doctoral student with ‘obsession’ flew to D.C. to kill her ex-boyfriendNijinsky Dix, a doctoral student and director of two student-services programs at the University of Notre Dame, was sentenced Friday to 18 years in prison.
Leer más »