The Biden administration has canceled student loans for more than 1 million in public service jobs
A student loan cancellation program for public service workers has granted relief to more than 1 million Americans — up from just 7,000 who were approved before it was updated by the Biden administration two years ago.
The Biden administration has now canceled loans for more than 1 million public workers
He celebrated it even as his broader student loan plans remain halted by courts following legal challenges by Republican-led states.
Biden Cancels $4.5 Billion in Public Workers' Student Loans
U.S. President Joe Biden on Thursday canceled another $4.5 billion in student debt for more than 60,000 borrowers, bringing the number of public service workers who have had their student loans for higher education forgiven to over 1 million.
Student loan servicer MOHELA faces new punishment from Biden administration
The Education Department wants the company to improve its management amid problems with billing and a backlog of repayment plan applications.
Biden rolls out $4.5B more in student loan handouts for over 60,000 public workers
President Biden's administration on Thursday announced another round of targeted student loan handouts, canceling $4.5 billion in debt for more than 60,000 qualified borrowers.
U.S. forgives $4.5 billion in student debt for 60,000 public employees
The Biden administration's latest round of relief should have borrowers learning of their canceled debt in coming weeks.
Biden administration forgives $4.5B in student loans for 60,000 borrowers in public service
The White House approved a new round of student debt relief on Thursday, totaling $4.5 billion for 60,000 public service borrowers.
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