These student loan borrowers don’t qualify for limited student loan forgiveness.major announcement for $4.5 billion of student loan forgiveness
sent shockwaves throughout the student loan community. After years of frustration and inexplicable denials, certain student loan borrowers would get a second shot at cancelling their student loans. President Joe Biden has now cancelled $11.5 billion of student loans since becoming president. This includes a major announcement this week thatWho qualifies for this student loan forgiveness?
To qualify for this student loan forgiveness, you must be a student loan borrower with federal student loans who is pursuing public service loan forgiveness. This is a federal program that Congress created in 2007 that forgives all your federal student loans if you work full-time for a qualified public service or non-profit employer, make 120 student loan payments and meet other requirements. If you aren’t enrolled in public service loan forgiveness, it’s not too late to enroll.
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