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Biden student loan forgiveness: 77K to get debt relief this week; Public Service Loan Forgiveness application still open [Video]

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Personal Branding

CHICAGO (WLS) — This week, thousands of people are getting emails from the Biden-Harris administration saying their student loan debt is canceled.

More people are getting billions in student loan forgiveness because of changes to rules in a program for public service workers. They are all already enrolled in the program, but others who have not signed up yet can also save money.

The White House says more than 77,000 teachers, nurses, social workers, firefighters and other public servants who are enrolled in the Public Service Loan Forgiveness program will be getting $5.8 billion in student debt relief this week.

This comes after the Biden administration eliminated red tape to a program which, at one time, only helped 7,000 people. Now, more people with a track record of 120 payments will get forgiveness.

“So that’s really exciting for these public servants that have met the criteria,” said Hanneh Bareham, a loan and debt …

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