Student loan forgiveness reversal: Do you still qualify? Here’s what to know

The Department of Education quietly updated its eligibility for borrowers who would qualify for student loan forgiveness on Thursday. The swift change came the same day officials from six Republican-led states sued the Biden administration to block the launch of its student loan forgiveness plan. According to new guidelines published to the Education Department’s website, some borrowers with federal loans not held by the Education Department no longer qualify for student loan forgiveness by consolidating their loans into the Direct Loan program. Before the new guidelines were published, the Ed...