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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.
The White House said Friday it approved another $4.28 billion in student debt cancellation for 54,900 additional public service workers in what could be one of the Biden Administration's final act ...
The administration said it will spend nearly $4.3 billion to cancel student debt for 55,000 such workers, the result of fixes made to the Public Service Loan Forgiveness Program.
Biden announced an additional $4.5 billion in student-debt cancellation for 60,000 borrowers in public service. It's a result of fixes to the Public Service Loan Forgiveness program over the past ...
WASHINGTON — President Joe Biden announced Thursday that the White House has approved the cancellation of nearly $6 billion in federal s tudent debt for thousands of public service workers. The ...
President Joe Biden announced another round of student loan ... Friday’s announcement of $4.28 billion in student debt relief is expected to be the final round of public service loan forgiveness ...
The latest group includes public service workers, like teachers, nurses and firefighters, who qualify under the Public Service Loan Forgiveness Program created in 2007 to forgive student debt for ...
In October 2021, the Biden administration used the HEROES Act to reform a student debt forgiveness program for public workers. [15] In August 2022, the administration used the Act again to announce student debt cancellation of up to $20,000 and several other reforms.