Federal Student Loans - What Do I Need to Do?

Right now, about 19 % of all student loan holders could have their debt forgiven automatically. A form will come out between now and the end of the year where you'll have to go supply our information. The white house is counting on there can be a lot of folks who do nothing, and thus they don't actually qualify for this. This doesn't actually show up as forgiveness for them. So one of the things if you are a student loan holder, or if your child is a student lon holder, you want to make sure with the entity that holds that loan, you've up dated the information.