2. Review your loan detailsHowever, there are roughly 5 million borrowers with older student loans, known as commercially held Federal Family Education Loans , that are actually held by private companies rather than the government. it's working to make sure that borrowers with these loans get the forgiveness, too, even though it doesn't hold the debt itself.
But if you have these loans and want to make sure you're included in forgiveness sooner rather than later,If you have questions for your servicer about forgiveness, reach out as soon as possible, experts say. "Loan servicers are likely to be inundated with questions starting a few days before the deadlines," Kantrowitz said.
You'll also want to make sure your servicer, as well as the Education Department, has the most recent contact information for you. You can make sure that data is current at