Some student loan borrowers are getting refunds on top of loan forgiveness, here’s who qualifies

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Borrowers enrolled in forgiveness programs that have paid for longer than necessary qualify for refunds.

Some student loan borrowers who have been making payments for over a decade under income-driven repayment and forgiveness programs have yet to see the forgiveness they were promised.To correct this, the Biden administration is providing that forgiveness, and, as an added bonus, some borrowers are also receiving refunds for past payments, CNBC reported.

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