Borrowers With $39 Billion in Student Loans See Relief

“For most people with federal student loans, the Supreme Court dashed their dreams of debt relief. Still, some borrowers are beginning to have their balances wiped away,” Bloomberg reports.

“The US Department of Education recently began forgiving $39 billion in student debt for more than 800,000 borrowers that enrolled in income-driven repayment plans and had made monthly payments for at least 20 years.”