Thousands more public servants will soon see their student loan balances reduced or erased, the Biden administration announced on Thursday. The relief is part of the administration’s efforts to overhaul the nation’s Public Service Loan Forgiveness program (PSLF).
“This is relief that will bring real change in [borrowers’] lives, and marks another win for this Administration’s relentless and unapologetic work to fix a broken student loan system,” said U.S. Education Secretary Miguel Cardona in a statement.
The Biden administration approved roughly $1.2 billion in student loan relief for about 35,000 borrowers who work in public service, including as firefighters, social workers and teachers. Under PSLF, borrowers in qualifying lines of work can have their remaining balances forgiven on eligible loans after making 120 monthly payments.
As of Thursday’s announcement, the Biden administration had discharged $69.2 billion in debt through PSLF for over 900,000 borrowers.



Two federal immigration agents involved in the shooting of a Venezuelan immigrant in Minneapolis last month...
A new report from Congress has raised the alarm about children with mental health conditions being...
A passerby jumped into a frigid Florida pond to save a pregnant woman from her sinking...
Nurses have reached tentative deals on new contracts to end their strikes at hospitals run by...





























