$42 billion in student loan debt

For borrowers who work in government, the Biden administration eliminated $42 billion in student loan debt

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Based on a Department of Education (ED) declaration issued on Monday, 615,000 employees in the public sector have had $42 billion in student debt forgiven as the Biden administration declared changes to Public Service Loan Forgiveness (PSLF) and briefly increased forgiveness eligibility in October 2021. After serving for ten years in the public sector, borrowers … Read more