On Aug. 24, 2022, the Biden-Harris Administration announced the One-Time Student Loan Debt Relief plan that includes one-time student loan debt relief targeted to low- and middle-income families.. The discharge will not be automatically granted. YOU MUST APPLY. Here are steps to take to determine eligibility and ensure you do not miss important student loan updates.
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American Financial Solutions is a non-profit credit counseling agency dedicated to helping people improve their financial lives. We help thousands of people each year develop budgets, get out of debt and understand the finer points of credit. Much of the education and advice we provide is at no charge to the people who contact us and attend our classes. If you would like to help support financial education and students attending college, please add American Financial Solutions to the your donation list. Our tax identification number is 91-1163554. Your donation may be tax deductible.