re: Biden announces more college debt forgivness

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what did he need to "fix"?

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I referenced it earlier. At the end of the Trump admin the first group of people started to get their 120 payments, and it was a disaster. Like the Obamacare website disaster on HGH.

99% of applicants were rejected from government student loan forgiveness program

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The Education Department denied 99% of requests for relief processed under the newly expanded Public Service Loan Forgiveness program, according to a review by the Government Accountability Office released Thursday.

Only 661 applications were approved while 53,523 were denied during the first 12 months after the fix was put in place.

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Borrowers argued that the qualification requirements were complex and poorly communicated by loan servicers, and some have filed lawsuits against the companies. In July, the American Federation of Teachers sued the Department of Education over the issue, alleging that the agency has mismanaged the program.

Some borrowers, after making 10 years of payments, found out that they didn’t have the right kind of federal student loan, were in the wrong repayment plan, or worked for an employer that didn’t qualify for forgiveness.

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The bipartisan fix put in place by Congress was meant to allow those borrowers who had been in the wrong repayment plan to still qualify for forgiveness. But it requires a borrower to have first applied and been rejected to the original program. About 71% of those who had been rejected by the fix had not done so, according to the new report.

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