Biden’s Latest Student Loan Forgiveness: Who Qualifies?
On Friday, the U.S. Department of Education announced that it is erasing $4.28 billion in student loan debt owed by 54,900 borrowers working in public service. This marks another significant action by the Biden administration, which has already forgiven nearly $180 billion in student debt for about 4.9 million people—more than any other president. Who Qualifies Under Biden’s Plan? This new round of forgiveness applies to borrowers enrolled in the Public Service Loan Forgiveness (PSLF) program. The PSLF program offers ...
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