Loan forgiveness for only 26 out of 34000.

(The Hill) Only 26 borrowers have been approved out of the roughly 34000 people who have applied to a popular student loan forgiveness plan CNBC reported Tuesday citing figures released by a conference held by the Education Department this week. More than 20000 applications are also reportedly still pending in instances where the borrowers have not been denied CNBC also reported. Earlier this year Congress authorized $350 million to make fixes to a popular student loan forgiveness plan that many financial experts said was failing. Read More