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 latest move to forgive student loans pertains to public service workers and will be done through fixes the government said it instituted in the Public Service Loan Forgiveness program, which is open to borrowers who work for the government or qualifying nonprofit organizations. To apply, borrowers must submit a PSLF form, available on the Department of Education’s website, and can use a help tool to determine their eligibility.
Student loan forgiveness has been a key policy of President Joe Biden’s administration since he took office in 2021. In the announcement Thursday, Biden said 78,000 public service workers would be affected by the latest debt cancellation, totaling almost $6 billion. Overall, the new relief effort brings the amount of student loans the Biden administration has erased to almost $144 billion for about 4 million people, the Department of Education said in a statement.
