Why 100,000 People Never Got Student Loan Forgiveness [Forbes]
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Source: Forbes
Why 100,000 People Never Got Student Loan Forgiveness This scathing new report shows that student loan forgiveness is in disarray. Here’s what you need to know - and what to do about it. Student Loan Forgiveness A New York Times more than 100,000 applications rejected only 1% Student Loan Forgiveness: Debt Statistics The latest statistics for public service loan forgiveness show that: How many student loan borrowers were approved for student loan forgiveness? Only 845 borrowers have collectively received $52 million in public service loan forgiveness. The average student loan balance discharged is $61,592. That's less than 1%. Another 726 requests have been approved under the Temporary Expanded Public Service Loan Forgiveness Program, which was intended to help more people receive student loan forgiveness. Of this total, 681 borrowers received $28 million of student loan forgiveness. The average student loan balance discharged is $41,368. Why were borrowers rejected for student lo
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