The Biden administration announced on Thursday that it has forgiven another $4.5 billion in student debt for over 60,000 borrowers.
The latest round of relief is a result of the U.S. Department of Education’s fixes to the popular, but once troubled, Public Service Loan Forgiveness program.
Borrowers eligible for this round of relief should learn of their cancelled debt in the coming weeks.
The Biden administration announced on Thursday that it was forgiving another $4.5 billion in student debt for over 60,000 borrowers.
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The latest round of relief is a result of the U.S. Department of Education’s fixes to the popular, but once troubled, Public Service Loan Forgiveness program.
President Joe Biden, who has forgiven more education debt than any other president in U.S history, said that the number of borrowers to benefit from the program under his administration now exceeded 1 million.
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Biden administration forgives student loans for 60,000 public service workers
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