About nine million people received an email last month from the Department of Education that mistakenly said their application for student loan forgiveness had been approved, adding to the confusion surrounding President Joe Biden’s debt relief program.
Thus far, no one has received debt forgiveness because the program is blocked by federal courts. But there are some borrowers who were already deemed eligible for debt relief by the Department of Education.
The nine million borrowers who received the inaccurate emails have now started to receive new emails from the government correcting the error. While their applications were received, they have yet to be approved or rejected…
Borrowers should not expect to see debt relief unless the US Supreme Court allows the program to move forward. The justices are scheduled to hear oral arguments in February, with a decision expected by June.
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