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Stories Tagged as

Student debt relief

Biden cancels $5.8 billion in student debt for public service workers

by Stephanie Hughes
Mar 22, 2024
The federal government is trying to make sure eligible borrowers are able to get credit for payments made under the Public Service Loan Forgiveness program.
Under the Public Service Loan Forgiveness program, eligible borrowers like teachers make student debt payments for a certain number of years and the rest should be forgiven. That hasn't always happened though.
Daniel Leal/AFP via Getty Images
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What you need to know about President Biden's new student loan forgiveness plan

by Samantha Fields
Nov 3, 2023
While the Department of Education is focusing debt relief on five broad categories, the finalized details of the plan are still being ironed out.
President Joe Biden's new student loan forgiveness plan is still in its early stages, so whether it will include full or partial forgiveness is unclear.
Kevin Dietsch/Getty Images
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