Biden administration move for disabled borrowers was ‘the bare minimum,’ advocacy group says

Advocacy groups are calling on the Education Department (ED) to forgive $8 billion in student debt held by nearly 518,000 borrowers who are totally and permanently disabled.

The groups sent a letter to Education Secretary Miguel Cardona on Friday morning, stating that the department’s existing regulations “unnecessarily prevent qualifying borrowers from accessing and maintaining loan cancellation.”

ED confirmed to Yahoo Finance that the agency received the letter and did not provide additional…

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