Major Boost for Public Service Workers: Biden-Harris Admin Clears $5.8 Billion in Student Debt


Graduates at the University of Toledo commencement ceremony in Toledo, Ohio, May 5, 2018. Another 78,000 Americans are getting their federal student loans canceled through a program that helps teachers, nurses, firefighters and other public servants, the Biden administration announced Thursday. The Education Department is canceling the borrowers’ loans because they reached 10 years of payments while working in public service, making them eligible for relief under the Public Service Loan Forgiveness program. (AP Photo/Carlos Osorio, File)
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The Biden-Harris administration just announced a significant step forward in student debt relief, approving an additional $5.8 billion for nearly 78,000 public service workers. The move is part of the ongoing improvements to the Public Service Loan Forgiveness (PSLF) program for those who serve in our communities (more info on requirements).

With this latest announcement, the total loan forgiveness under the administration has reached $143.6 billion and benefited almost 4 million Americans. The relief includes beneficiaries of the limited PSLF waiver and other regulatory enhancements to the program, marking $62.5 billion in forgiveness for 871,000 borrowers since October 2021. In prior initiatives, that number has only reached 7,000 borrowers. 

The administration will be reaching out to nearly 380,000 borrowers who are close to qualifying for PSLF, expressing gratitude for their service and encouraging their continued dedication to public service roles.

Click play to listen to the report from AURN White House Correspondent Ebony McMorris. For more news, follow @E_N_McMorris & @aurnonline.

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