Biden Administration Forgives Another $4.5 Billion in Student Loans. Who's Eligible?

The Biden-Harris Administration announced Thursday that over 60,000 nurses, teachers and other public service workers will receive $4.5 billion in student loan debt relief. The latest adjustment to the Public Service Loan Forgiveness program brings the total debt forgiven by the current administration to $175 billion for more than 4.8 million borrowers.The forgiveness program, known as PSLF, was created to allow borrowers who work in public service to have their loans wiped out after making 120 qualifying monthly payments. But it had been riddled with problems since its launch in…

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