Thousands in Florida eligible for student loan forgiveness. Here’s what you need to know

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Roughly 57,000 Florida residents paying student loans for decades are on track to walk away from those loans.

the loan forgiveness is something they have earned because “they have been paying all they can afford for decades.”

As to the cost to American taxpayers, Kvaal called the $39 billion dollar loan forgiveness plan an investment “in a stronger economy.” According to the Department of Education website, “historical failures” in the administration of the federal student loan program show payments were not accurately accounted for.

 

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