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Forum nameGeneral Discussion
Topic subjectanyone else have FFEL loans?
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13458854&mesg_id=13467270
13467270, anyone else have FFEL loans?
Posted by mista k5, Thu Aug-25-22 12:55 PM
not sure if mine will qualify and can't login to see details. according to nerdwallet they might.

https://www.nerdwallet.com/article/loans/student-loans/biden-cancels-10k-in-student-debt-heres-who-gets-it

What if I have an FFEL loan?
Borrowers with Federal Family Education Loan debt owned by the government will see $10,000 in cancellation. But if your FFEL loan is commercially owned by a private company, it’s unclear if your loan will be eligible. Contact your loan servicer to determine which type of debt you have.

i know for PSFL you would need to consolidate the FFEL loans to qualify. i wonder if itll be the same deal.