Biden Forgives Over $4 Billion in Student Loan Debt for Public Service Workers

Benzinga

The Biden administration announced it would forgive over $4 billion in student loan debt for nearly 55,00 public service workers. This relief stems from improvements to the Public Service Loan Forgiveness Program. As President Biden nears the end of his term, his student debt forgiveness efforts have reached nearly $180 billion for nearly 5 million borrowers. Republican-led legal challenges have hindered his efforts to provide broader debt relief.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02The Biden administration announced it would forgive over $4 billion in student loan debt

00:06for nearly 55,000 public service workers.

00:09This really extends from improvements to the Public Service Loan Forgiveness Program.

00:13As President Biden nears the end of his term, his student debt forgiveness efforts

00:16have reached nearly $180 billion for nearly 5 million borrowers.

00:21Republican-led legal challenges have hindered his efforts to provide broader debt relief.

00:25For all things money, visit Benzinga.com.

00:30you

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