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One month before President Biden leaves the White House, the Biden administration announced it has forgiven student loan debt for 54,900 public service workers.
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. “Four years ago ...
Biden on Monday cited improvements to the Public Service Loan Forgiveness program, which allows public servants to have the remainder of their student loan debt cancelled after making a decade’s ...
Biden announced $4.28 billion in student-debt cancellation for 54,900 borrowers in Public Service Loan Forgiveness. The relief is a result of the Education Department's ongoing fixes to PSLF.
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] The ...
On Friday, his administration announced an additional $4.28 billion in debt relief for 54,900 borrowers in Public Service Loan Forgiveness — a result of ongoing improvements to the program ...
The Public Service Loan Forgiveness program was created in 2007, promising college graduates that the remainder of their federal student loans would be zeroed out after 10 years working in ...
President Joe Biden announced another round of student loan relief on ... more than all other administrations combined since the Public Service Loan Forgiveness Program was first established by ...