Biden administration announces next steps for fall student debt relief

The Biden administration announced Wednesday the next steps for student debt relief this fall.  

On Thursday, the Department of Education will begin emailing borrowers who have at least one outstanding student loan held federally to let them know about potential upcoming relief and if they would prefer to opt out of it.  

If a borrower does decide to opt out of the upcoming relief, they will not be able to reverse their decision and the borrower will temporarily be removed...