Biden Has Now Forgiven 1 Million Student Loans For Public Servants
Even as President Joe Biden's largest efforts to forgive student loans are stalled in legal battles, one of his administration's programs has hit a milestone of erasing debt for 1 million borrowers.
Biden cancels $4.5 billion 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. The cancellation is Biden's latest effort to fulfill his 2020 campaign…
Biden’s Student Loan Forgiveness Program Has Canceled Debt for Over One Million People
An effort to revive and maximize use of the Public Service Loan Forgiveness program has resulted in student loan forgiveness for over one million people.
Biden forgives more student loans: 60,000 borrowers will get notices canceling $4.5 billion in debt
The Biden administration announced on Thursday that it was forgiving another $4.5 billion in student debt for over 60,000 borrowers.
Biden administration forgives $4.5 billion in student debt for over 60,000 public service workers
The Biden administration announced on Thursday that it has forgiven another $4.5 billion in student debt for over 60,000 borrowers.
The Biden administration has now canceled loans for more than 1 million public workers
A student loan cancellation program for public workers has granted relief to more than 1 million Americans — up from just 7,000 who were approved before it was updated by the Biden administration two years ago.
Biden Approves Another $4.5 Billion In Student Loan Forgiveness—Here’s Who Qualifies
The Biden administration estimates more than $175 billion has been forgiven for nearly 5 million Americans.
One million public service workers debt-free under Biden's loan forgiveness
WASHINGTON - The Biden administration has successfully canceled loans for over one million public workers through a student loan cancellation program. President Joe Biden announced this milestone on Thursday, stating that his administration has honored its commitment to teachers, firefighters, nurses, and other public servants, even while his broader student loan initiatives face legal challenges from Republican-led states. "For too long, the government failed to live up to its commitments," Biden said in a statement. "We vowed to fix that, and because of actions from our administration, now over one million public service workers have gotten the relief they are entitled to under the law." The Public Service Loan Forgiveness (PSLF) program, established in 2007, promised college graduates that the remaining balance of their federal student loans would be forgiven after 10 years of employment in government or nonprofit positions. However, starting in 2017, the majority of applicants faced rejection due to complex…
Milestone: 1 Million Borrowers Have Received PSLF Loan Forgiveness
The Biden Administration announced today that over 1,000,000 student loan borrowers have been approved for Public Service Loan Forgiveness (PSLF).
last updated on 18 Oct 03:20