President Joe Biden made a historic move in August by creating a student loan forgiveness program to wipe debt for millions of borrowers.
However, not everyone can qualify for it, as borrowers have to apply via the complicated loan servicing system.
You may have some questions about the student loan forgiveness program, so here are some answers for you:
2. How long do you have to pay on student loans for them to be forgiven? Any outstanding loan balance will be forgiven if you haven’t fully repaid your loan after 20 years of undergraduate study and 25 years of graduate or professional study.