Biden administration announces $4.28B student loan relief for public service workers, totaling $180B.

The Biden administration has announced $4.28 billion in student loan relief for 55,000 public service workers, bringing total relief to $180 billion for nearly 5 million Americans. This final round of the Public Service Loan Forgiveness program aims to help teachers, nurses, and other public servants who have faced financial challenges due to student loans. The program, which forgives loans after 10 years of qualifying payments, has been improved to address previous issues that led to high rejection rates.

3 months ago
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