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The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [1]
To date, the Biden administration has forgiven $143.6 billion in student loan debt for 3.96 million borrowers. In addition to relief given to PSLF borrowers, 959,700 borrowers have received $47.3 ...
PSLF loan discharge for military and certain professions in public service Since taking office, the Biden administration has forgiven $56.7 billion for 793,400 borrowers under the PSLF program.
This includes allowing those with federally held student loans to suspend their repayment interest-free while still getting credit toward their PSLF requirement of 120 months of eligible repayment.
<noinclude>[[Category:Timeline templates]]</noinclude> to the end of the template code, making sure it starts on the same line as the code's last character. This is a category of templates that generate timelines.
[[Category:History timeline templates]] to the <includeonly> section at the bottom of that page. Otherwise, add <noinclude>[[Category:History timeline templates]]</noinclude> to the end of the template code, making sure it starts on the same line as the code's last character.
The department will start providing forgiveness after as few as 10 years of payments for borrowers on the new Saving on a Valuable Education (SAVE) Plan — at least, that’s the timeline for ...
Biden v. Nebraska, 600 U.S. 477 (2023), was a United States Supreme Court case related to the forgiveness of federal student loans by the Biden administration in 2022, challenged by multiple states.
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