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.
The Biden administration has now canceled loans for more than 1 million public workers
A student loan cancellation program for public 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.
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.
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.
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 Has Now Canceled Student Debt for Over 1 Million Public Servants
President Joe Biden marked a new milestone in his effort to forgive student loans, as the total number of public servants who have received relief exceeded 1 million since he took office.
Biden Cancels Another $4.5 Billion in Student Debt
The executive decision will help 60,000 borrowers, bringing the total number of public service workers getting loan forgiveness to more than 1 million.
One Million Public Service Workers Debt-Free Under Biden's Loan Forgiveness
President Biden said by canceling student loans, his administration restored a promise to America's teachers, firefighters, nurses and other public servants.
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