Biden administration forgives $4.5B in student loans for 60,000 borrowers in public service
The White House approved a new round of student debt relief on Thursday, totaling $4.5 billion for 60,000 public service borrowers.
The Biden administration has now canceled loans for more than 1 million public workers
President Biden announced the milestone on Thursday, saying his administration restored a promise to America's teachers, firefighters, nurses and other public servants.
Biden cancels $4.5 bln in public workers' student loans
U.S. President Joe Biden on Thursday canceled another $4.5 billion in student debt for more than 60,000 borrowers, bringing the number of public service workers who have had their student loans for higher education forgiven to over 1 million.
Biden cancels $4.5 billion in student debt for over 60,000 public service workers
The Biden administration's latest round of relief should have borrowers learning of their canceled debt in coming weeks.
The Biden administration has now canceled student loans for more than 1 million public workers
Under President Biden, the Public Service Loan Forgiveness program has granted student loan forgiveness to more than 1 million public workers.
More than 1 million public workers have received federal student loan relief, according to Biden administration
More than 1 million public workers have received federal student loan relief, according to Biden administration
Student debt cancelled for 1 million public servants, as other relief remains in limbo
Biden administration touts the milestone while courts are blocking other parts of the White House’s student-loan agenda
Biden approves $4.5 billion in student debt relief for public service workers
The Biden administration approved $4.5 billion in student debt relief for over 60,000 public service workers on Thursday.
Biden Has Now Forgiven 1 Million Student Loans For Public Servants
Key Takeaways The Public Service Loan Forgiveness program has forgiven the federal student loan debts of 1 million borrowers as of Thursday.The PSLF had only forgiven 7,000 debts when Biden changed the rules in 2021 to make it easier to qualify.
Biden Administration Forgives Another $4.7 Billion Of Student Loan Debt
The Biden administration announced on Thursday (October 17) that it will forgive approximately $4.5 billion in student debt for over 60,000 public sector employees. This latest wave of student loan forgiveness is part of the Public Service Loan Forgiveness Program (PSLF),
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