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It statement allows federal education loan borrowers so you can refinance the financing whenever interest rates was shorter

It statement allows federal education loan borrowers so you can refinance the financing whenever interest rates was shorter

H.R.2034 – Income-Inspired Education loan Forgiveness Work

Sponsor: Rep. Lawson [D-FL]
Cosponsors: 0
Introduced:
NASFAA Conclusion & Analysis: This bill would direct the Secretary of Education to forgive the balance of some federal student loans for eligible borrowers. Borrowers who filed a tax return for the most recent tax year, had an eligible loan in repayment, is employed, or had recent employment prior to the pandemic, and makes less than $100,000 if single, or $200,000 if married, would be eligible to receive forgiveness of their loan balance.