Reported about 1 month ago
The Biden administration has announced the forgiveness of $4.5 billion in student loan debt for over 60,000 public service workers, including teachers, nurses, and firefighters, as part of its Public Service Loan Forgiveness program. This action aims to ease the financial burden faced by these professionals, making it more feasible for them to serve in their communities. Since October 2021, debt relief under this program has exceeded $70 billion, addressing the broader implications of student debt on the economy and public service careers.
Source: YAHOO