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Education loan Forgiveness: financial obligation Statistics

Saturday, July 25th, 2020

<strong>Education loan Forgiveness: financial obligation Statistics</strong>

The U.S. Department of Education released the most recent data for general public solution loan forgiveness:

  • At the time of 31, 2018, 53,749 student loan borrowers submitted 65,500 applications for public service loan forgiveness december.
  • Of the total, roughly 58,000 applications were prepared. Another 7,200 applications are pending.
  • Of that total, significantly more than 73% of applications have already been denied because of education loan borrowers perhaps maybe perhaps not fulfilling the scheduled system demands. (more…)