- The U.S. Department of Education has been reviewing the accounts of borrowers who have been in repayment for decades to see if they are eligible for forgiveness.
- Marlon Fox, a chiropractor in North Charleston, South Carolina, is one person to benefit.
- In August, he learned that his more than $100,000 student debt balance had been canceled. He’d carried the debt for 35 years.
Since 1988, Marlon Fox has been paying down his federal student debt.
He didn’t see an end in sight. Then, on Aug. 25, 2023, an email popped up in his inbox with the subject line: “Your student loans have been forgiven!”
His $119,500 balance was reset to zero.
“I couldn’t believe it,” said Fox, 65, a chiropractor in North Charleston, South Carolina. “I’d been battling this for so long. I’ve been on cloud nine ever since.”
https://www.cnbc.com/2024/02/16/he-got-his-student-debt-forgiven-and-then-a-56801-refund.html
134 views