If you or someone you know has student loans, you might be wondering about recent news of widespread forgiveness. It turns out millions of borrowers are getting relief, but the reasons and methods behind it are more complex than a simple handout.
The U.S. Education Department is actively forgiving billions in student loan debt, making headlines and sparking conversations nationwide.
This isn't a single new program, but rather the result of ongoing efforts and adjustments to existing federal loan programs.