The government’s student loan sites are crashing after debt relief announcement
by Mitchell Clark from The Verge - All Posts on (#62W0A)
Photo by Anna Moneymaker / Getty Images
The government's financial aid website is crashing after President Joe Biden's announcement of a federal student loan forgiveness program that cancels up to $20,000 of student loan debt for some people. According to several user reports on Twitter, Downdetector.com, and testing done by Verge staffers, people are having issues logging into StudentAid.gov or even getting the site to load at all.
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...