Itโs happening, yโall! The Department of Education launched a beta test of student loan forgiveness applications at 5:45p PT on Friday Oct 14, 2022. During this beta period, federal student loan borrowers may submit applications for some debt relief.
The applications wonโt be processed until the official site launch later this month. However, according to a Department spokesperson, folks that apply for forgiveness during the beta period wonโt have to reapply once the site goes live (or so they say).
Of course, a beta period indicates that the site, the application, and the process are in testing. During this period, bugs will be discovered โ itโs the point of a beta test. So folks that apply now should manage their expectations.
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