Student loan borrowers who work in public service, such as teachers, nurses, firefighters, and others, will benefit from the student debt relief, the Education Department said.
The Biden administration is forgiving roughly $1.2 billion in additional student loan debt for borrowers who work in public service.The U.S. Department of Education announced on Thursday that 35,000 borrowers, including teachers, nurses, firefighters, and other public servants, will get student debt relief. The announcement brings the total student loan forgiveness under the Biden administration to $168.5 billion for 4.76 million borrowers, according to the Education Department.
Before Biden took office, only about 7,000 public servants had received debt relief through PSLF, it added. In late 2021, the government temporarily relaxed the requirements for PSLF, making it easier for people to apply and be approved. Those relaxed requirements ended in October 2022.
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