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 New Aid After Loan Discharge New Aid After Loan Discharge 2020-2024

After Loan Discharge 2020-2024 Form

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the bite administration's student loan relief plan has the potential to affect tens of millions of americans we're talking about thousands of dollars of debt per loan a debt that would otherwise take decades to repay so this could influence many people's finances how they're using their money today also in the future but what does the decision mean for you that is the question we're going to put to cbs news business analyst jill schlesinger who joins us now jill good morning exactly who i want to talk to about this issue uh so lots of people never went to college don't have loans other people have already paid them off but a lot of people still have that debt so for those folks who's eligible and when might they get relief okay so there this is only pertaining to federal student loans that's 1.6 trillion dollars outstanding of the 1.74 trillion of loans so about 90 of student loan borrowers there are thresholds based on income so if you have a federal student loan and you earn less th

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