Student Loan Cancellation Update for 78,000 Borrowers: How to Apply

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The latest plan for student debt forgiveness pertains to public service workers, the White House said.

The Biden administration said on March 21 that it would cancel billions of dollars in student loans for tens of thousands of public service workers, bringing the total number of Americans who have received education debt relief to almost 4 million.

The reforms of the PSLF program has helped 100 times more borrowers since October 2021 and led to a total $62.5 billion in debt forgiveness, it added.'For too long, our nation's teachers, nurses, social workers, firefighters, and other public servants faced logistical troubles and trap doors when they tried to access the debt relief they were entitled to under the law,' Miguel Cardona, the secretary of education, said in a statement.

 

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