April 30 is the next big deadline for student loan borrowers seeking to have their debt forgiven. Yahoo Finance Senior Columnist Rick Newman explains who this may be applicable to — particularly long-term borrowers who are still paying off loans due to their income — and the steps to apply and qualify for this benefit.
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Yes, some people are mad that student loan is being forgiven, but not everyone (myself included) took out loans we couldn't pay back. It's the interest and the economy that have gotten us in this horrible situation. With that being said, I did receive my letter yesterday! My entire $210,000 was forgiven, which included my undergrad, my graduate and the loan I took out for my daughter! because I've been paying on mine for 25 years. I feel like I lost a 100 pounds and hit the lottery in one day. This was my only debt besides a $3,000 credit card, which I will begin applying my student loan payments to in order to erase that debt. I feel like I got a 2nd chance at life. So for those who are mad about it, go ahead and waste your energy. I'll be over here happy and feeling free not thinking about you!
These students will be the only ones benefiting from their education. They signed for the loan. No sympathy here. I would like 10,000 to help with my credit card debt. Wheres my loan forgiveness?
If you’ve been paying for 20 years???????
Student loan/interest reassignment – TO AMERICAN TAXPAYERS, if you went to college or not – YOU’RE ON THE HOOK for their loans and unpaid interest!
This is not new!!! I don’t get it. There have been IDR programs for years and when you paid for 20 yrs your loan is forgiven. How is this new?
Forgiveness money bribe for election,put him in jail! Its bribery.
If student loan debt is such a crisis then why is the government still loaning students money?
How do I get my mtg cancelled paying for 40 years
How do I get my mortgage cancelled???? I been paying for 40 years and can’t feed myself.
1:57 – Bingo!
Forgiveness or consolidation?