On Thursday, the Biden-Harris administration announced the approval of about $1.2 billion in additional student loan relief.
FILE - President Joe Biden speaks about student loan debt at Madison College, April 8, 2024, in Madison, Wis. The approvals are the results of fixes the administration made to the Public Service Loan Forgiveness Program. This builds on President Joe Biden and his administration’s efforts to provide relief to as many borrowers as possible across the U.S.
The relief forgives the remaining balance for those who make the required 120 qualifying monthly payments.
Biden-Harris Administration Public Service Loan Forgiveness PSLF Borrowers Debt Relief Education Forgiveness
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