The Biden administration on Thursday released new, more complete data about the more than 25 million Americans who signed up to have their student debt canceled before the courts blocked the program.
ByThe Biden administration on Thursday released new, more complete data about the more than 25 million Americans who signed up to have their student debt canceled before the program was blocked by the courts.
Biden administration officials had previously only provided approximations of the number of borrowers who filled out applications to apply for the program, which provides up to $20,000 of debt relief for federal student loan borrowers. The data does not include information on borrowers who did not apply but were deemed automatically eligible for relief because the Education Department already had their income information on file. But many of those borrowers also submitted applications.
Wyoming borrowers, by contrast, submitted 26,869 applications — only about half of the 49,600 borrowers the administration estimates qualify for the program.
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