Public service workers getting $5.8B in student loan forgiveness this week

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More people are getting billions in student loan forgiveness because of changes to rules in a program for public service workers. They are all already enrolled in the program, but others who have not signed up yet can also save money.

Looking to get your student loans canceled? The Public Service Loan Forgiveness application is still open.This week, thousands of people are getting emails from the Biden-Harris administration saying their student loan debt is canceled.

This comes after the Biden administration eliminated red tape to a program which, at one time, only helped 7,000 people. Now, more people with a track record of 120 payments will get forgiveness.

 

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