The Obama administration announced Tuesday a plan to forgive $7.7 billion in federal student loans held by an estimated 387,000 permanently disabled Americans, of which roughly half, 179,000, are in default. Read more trending stories While the administration tried to streamline the discharge of student loans for the permanently disabled four years ago, few eligible borrowers took advantage. Now, the Department of Education is starting to identify and contact eligible borrowers to help them take the necessary steps to discharge their loans. “In 2012, the administration took steps to streamline the process to allow for Americans who are totally and permanently...
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