discussion The government’s student loan sites are crashing after debt relief announcement

[Queen.]

The government’s student loan sites are crashing after debt relief announcement

Quote

The plan announced on Wednesday doesn’t provide blanket loan cancellation — those with a personal income over $125,000 (or double that if they’re married and file taxes jointly) aren’t eligible for forgiveness, and people who received Pell Grants will have more debt canceled than those who didn’t. The complexity has wound up leaving a lot of people confused and looking for a way to check their eligibility, which has apparently not meant great things for the government’s student loan sites.

 

 

 

Source: https://www.theverge.com/2022/8/24/23320250/student-aid-fafsa-sites-down-debt-relief-announcement

[BlondGuts]

I’ve been trying to get on the phone since the morning with my SL servicer for an unrelated issue. They said they’d call me back in 30 minutes and 5 hours later they have not LOL

[L0verb0y]

I think the confusion comes from people not knowing if they received Pell Grants or not. I remember hearing the term Pell Grants when I was going through the process, but unclear if they were part of my financial aid. Crossing my fingers they were lol.  

[Jotham]

I'm not even going to bother looking at the loan website for at least another week since I'm sure there's going to be so much traffic for a while.

[infrared]

503 errors are shaking 

[Rican]

Does anyone know if it will be automatic forgiveness or will there be a application process?