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Student Loan Forgiveness: How You Can Comment On Biden’s Proposals

Here’s how you can directly comment on President Joe Biden’s proposals for student loan forgiveness.

Here’s what you need to know — and what it means for your student loans.

Student Loans

Biden has proposed sweeping changes to student loan forgiveness that could affect more than 40 million student loan borrowers. Biden’s goal is to make student loan forgiveness more accessible so that more student loan borrowers can qualify. In addition, Biden is seeking to fix broken student loan programs by relaxing rules and requirements. For the next 30 days, anyone can comment on the president’s proposals to make significant changes to student loans. Here’s how.


Student loan forgiveness: how to submit public comments

This is your chance to shape the future of student loans. The U.S. Department of Education wants your feedback before the Biden administration finalizes new rules for student loan forgiveness. Take these actions steps:

1. Read Biden’s proposals on student loans.

2. Click on the blue comment box in the upper left-hand corner.

3. Submit your public comment.


Student loan cancellation: comment on these topics

Through August 12, 2022, you can comment on multiple topics related to student loans, including, but not limited to:

After the 30-day public comment period, the U.S. Department of Education will finalize these proposals by November and implement them by July 1, 2023. Importantly, these proposals for student loan forgiveness are separate from any potential wide-scale student loan cancellation from the Biden administration. In the coming weeks, Biden will announce whether he will cancel student loans or forgo broad student loan forgiveness. Student loan borrowers have been waiting nearly two years for a decision from Biden. Federal student loan payments have been paused since March 2020, but they will restart on September 1, 2022. The best thing you can do to prepare for student loan repayment is to learn all your options based on your unique financial circumstances. Here are some popular ways to save money on your student loans:


Student Loans: Related Reading

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9 million borrowers now qualify for student loan forgiveness

Senators propose major changes to student loan forgiveness

Education Department cancels $6 billion of student loans