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The United States rolls out a loan forgiveness program to encourage public service. Open to teachers, librarians, nurses, and others, the Public Service Loan Forgiveness program cancels a borrower’s remaining student debt after 10 years of public interest.
The U.S. has approved more than $42 billion in federal student loan debt forgiveness for more than 615,000 borrowers in the past 18 months as part of a program aimed at getting more people to work in public service jobs, the U.S. Department of Education said this week. The Public Service Loan Forgiveness program&nbs...
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The U.S. has approved more than $42 billion in federal student loan debt forgiveness for more than 615,000 borrowers in the past 18 months as part of a program aimed at getting more people to work in public service jobs, the U.S. Department of Education said this week.
The program is separate from President Joe Biden’s student debt relief plan.