President Biden on Monday announced the official launch of the student loan forgiveness application for 2022 after millions of borrowers applied for Biden’s student loan forgiveness through a beta version of the site that was released late last week.
During a press conference announcing the launch, Biden called student loan debt forgiveness a “game changer,” saying, “it means more than 8 million Americans are—starting this week—on their way to receiving life-changing relief.”
The application launch comes amidst lawsuits against President Biden’s plan to cancel up to $20,000 in student loan debt for eligible borrowers. Those legal challenges could possibly delay the processing of the student loan debt relief applications—at least until October 23.
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