TV News LIES

Friday, Jul 18th

Last update07:37:31 AM GMT

You are here News Domestic (USA) 35,000 more public servants see their student loan balances reduced or erased

35,000 more public servants see their student loan balances reduced or erased

E-mail Print PDF
More student oaons erased

Thousands more public servants will soon see their student loan balances reduced or erased, the Biden administration announced on Thursday. The relief is part of the administration’s efforts to overhaul the nation’s Public Service Loan Forgiveness program (PSLF).

“This is relief that will bring real change in [borrowers’] lives, and marks another win for this Administration’s relentless and unapologetic work to fix a broken student loan system,” said U.S. Education Secretary Miguel Cardona in a statement.

The Biden administration approved roughly $1.2 billion in student loan relief for about 35,000 borrowers who work in public service, including as firefighters, social workers and teachers. Under PSLF, borrowers in qualifying lines of work can have their remaining balances forgiven on eligible loans after making 120 monthly payments.

As of Thursday’s announcement, the Biden administration had discharged $69.2 billion in debt through PSLF for over 900,000 borrowers.

More...


Most Recent Related Stories...


Explosion at LA law enforcement training facility kills three people

Explosion in LA kills 3An explosion at a law enforcement training facility in Los Angeles has killed three people with...

Coca-Cola defends corn syrup after Trump claims he struck cane sugar deal

Regular cokeCoca-Cola offers no confirmation of recipe change, saying corn syrup is safe and widely used in...

The Late Show with Stephen Colbert to end in 2026 as CBS cancels show

Colbert aand former New Zealand PMThe Late Show with Stephen Colbert has been cancelled and will end in May, with network...

Connie Francis, 'Pretty Little Baby' singer, dies at 87

Connie FrancisSinger Connie Francis, best known for her 1962 song "Pretty Little Baby" and hits like "Everybody's...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!