Biden Approves $1.2 Billion In Student Loan Forgiveness For 35,000 Public Service Workers

The U.S. Department of Education announced today the approval of roughly $1.2 billion in additional student loan relief for 35,000 borrowers across the country who work in public service.

The Biden Administration says that these approvals are the result of significant fixes that the Administration has made to the Public Service Loan Forgiveness (PSLF) Program.

Before President Biden took office, only 7,000 public servants had received debt relief through PSLF.

“The additional Americans approved for PSLF today are hardworking public servants who will finally receive the financial breathing room they were promised—and all PSLF recipients can easily track and manage the process through StudentAid.gov,” said U.S. Secretary of Education Miguel Cardona. “

The debt relief announced today includes borrowers who have benefitted from the Biden Administration’s limited PSLF waiver, a temporary opportunity that ended in October 2022.