right now its just an application. The confirmation email says they'll contact you if they need more documents or something
We'll contact you if we need additional information
We may need additional information from you to process your application. If we do, we'll contact you by email with additional instructions. The following are examples of situations where we'll follow up with you:
• We need additional documentation from you to verify your income.
• If you were enrolled as a "dependent student" anytime between July 1, 2021 and June 30, 2022, we may need information about your parents' income.
• We cannot match you to our loan records based on the information provided in your application.
looks like it is actually happening though. You can apply from now till December of next year.
There are some lawsuits launched against this but hopefully the courts move to slow to stop it. After the face it seems like it would be difficult to undo
I'm like 90% sure that since they're suing the feds the potus could just instruct the DoJ to say "lol get rekt losers!" And deny them the right to sue. There's some clause or something that says the government can just arbitrarily decide if you can sue or not. Biden has all the cards, and all the cards are aces, he just doesn't want to play his hand.
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Lathe says that loan forgiveness will go through and then be blamed for the upcoming recession.