The Biden Administration Has Already Given $45 Billion in Public Service Loan Forgiveness -- Here's Exactly Who Qualifies
The Biden Administration recently announced that it has forgiven a total of $116 billion in federal student loan debt since taking office, including $45 billion through the Public Service Loan Forgiveness program. The program got off to a rocky start once people started becoming eligible several years ago, but the Biden Administration has taken steps to make it easier and more straightforward for borrowers who have completed the work requirements to get their loan balances wiped clean.
If you're a public service employee (or not sure if you are) and are wondering if you're eligible for the Public Service Loan Forgiveness (PSLF) program and when you could potentially see forgiveness, here's a rundown of who qualifies and the important steps you need to take.
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Source Fool.com
