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Home Culture & Society Education

9 Million Americans Were Wrongly Told They Were Approved For Student Debt Relief

ThinkCivics Newswire by ThinkCivics Newswire
December 6, 2022
in Education
Reading Time: 1 min read
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A Math Error Cost The Government Nearly $200 Billion On Student Loans. Here’s How

SHUTTERSTOCK/ zimmytws

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Key Points

  • About 9 million Americans with student loans who had applied for the Biden administration’s student-debt relief program mistakenly received emails last month that said their applications had been approved.
  • The messages were part of updates the Department of Education issued in November to inform 16 million debt relief applicants that they had been approved to have up to $20,000 forgiven.
  • But an additional 9 million people received emails saying they had received loan forgiveness when they had not been approved for relief because the process was halted due to legal challenges, according to officials.
  • And others who hadn’t yet applied for the student loan relief program also received the email.

Read the full article

ThinkCivics Newswire

ThinkCivics researches, examines, and reports on issues that matter most. We deliver explanative, fearless, and insightful analysis for public consumption.

thinkcivics.com
Tags: Accenture Federal ServicesDepartment of Educationstudent debt relief
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