President Joe Biden announced on Thursday that about 78,000 public service workers will have $5.8 billion in federal student loan debt forgiven by his administration. The borrowers, which include teachers, nurses, firefighters and others enrolled in the Public Service Loan Forgiveness (PSLF) program, have "dedicated their careers to serving their communities," Biden said in a statement.
President Joe Biden announced on Thursday that about 78,000 public service workers will have $5.8 billion in federal student loan debt forgiven by his administration. The borrowers, which include teachers, nurses, firefighters and others enrolled in the Public Service Loan Forgiveness (PSLF) program, have "dedicated their careers to serving their communities," Biden said in a statement.
The debt cancellations will bring his administration's total forgiveness to about $144 billion for nearly 4 million Americans, according to the White House. "From day one of my Administration, I promised to fix broken student loan programs and make sure higher education is a ticket to the middle class, not a barrier to opportunity," Biden said. He added, "I won't back down from using every tool at my disposal to deliver student debt relief to more Americans, and build an economy from the middle out and bottom up." The student loan forgiveness announced on Thursday brings the administration's total cancellations for public service workers to 870,000, Biden said. That's up from only about 7,000 such borrowers "ever receiving forgiveness prior to my Administration," he added. "And through all of our various student debt relief actions, nearly four million Americans have had their student debt cancelled under my Administration," he said. Officials said the total amount of student loan cancellation issued by Biden so far is more than $143 billio
Biden Student Loan Debt Forgiveness Public Service Workers Education
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Biden forgives student loan debt for tens of thousands of teachers, public service workersAccording to the administration about 78,000 Americans will have their loans cancelled under the PSLF Program, amounting to $5.8 billion in relief.
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Biden forgives student loan debt for tens of thousands of teachers, public service workersAccording to the administration about 78,000 Americans will have their loans cancelled under the PSLF Program, amounting to $5.8 billion in relief.
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Biden forgives student loan debt for tens of thousands of teachers, public service workersAccording to the administration about 78,000 Americans will have their loans cancelled under the PSLF Program, amounting to $5.8 billion in relief.
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