610,000 Had Student Loans Forgiven

“Nearly 610,000 student loan borrowers have received debt relief from the Public Service Loan Forgiveness program since October 2021, when the Biden administration temporarily expanded eligibility,” CNN reports.

“The program promises to wipe away remaining federal student loan debt after an eligible government or nonprofit worker makes 10 years of monthly payments.”

“Another 6,000 borrowers in the program will see their loans discharged soon. Altogether, those cancellations will total $42 billion of federal student debt.”