"Biden Administration Announces Student Loan Forgiveness for Public Service Workers"

The Biden administration plans to email nearly 380,000 borrowers confirming their eligibility for student loan cancellation within two years under the Public Service Loan Forgiveness program. The administration has cleared the education debts of nearly 4 million people since Biden's election, totaling $143.6 billion in relief. Borrowers can explore over 100 forgiveness programs and should keep track of their qualifying payments and required steps. The Education Department has been implementing positive changes to help borrowers get closer to forgiveness, and borrowers with multiple loans can apply for consolidation to receive credit going back to their first loan payment.