The Biden administration on Wednesday announced that 100,000 student loan borrowers have been identified as qualifying for $6.2 billion in student loan forgiveness under a new, expanded program for borrowers working in public service careers
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“Our nation's public service workers must be able to rely on the promise of Public Service Loan Forgiveness. The Biden-Harris administration is delivering on that promise by helping more and more eligible borrowers get their loan balances forgiven,” said U.S. Secretary of Education Miguel Cardona in a statement. “The PSLF announcement made today means more of our dedicated teachers, nurses, first responders, servicemembers, and many other public service workers will get meaningful relief.
. Under the waiver, the Education Department will temporarily count past periods of repayment that otherwise would have been rejected under PSLF’s original rules, including payments made on non-Direct federal loans like FFEL-program loans, and payments that were made under non-qualifying repayment plans.
Education Department officials have indicated that the latest wave approvals may only be the tip of the iceberg, and
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