The Biden administration announced major changes to the public service loan forgiveness program, bringing more than 550,000 borrowers closer to relief.
In a major overhaul of the program, the U.S. Department of Education hopes to give borrowers who've been excluded from public serve loan forgiveness a second chance.
That change will bring more than 550,000 people closer to loan forgiveness, and make 22,000 borrowers immediately entitled to the cancellation, according to the Department.
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US Department of Education overhauls Public Service Loan Forgiveness programThe US Department of Education announced major changes Wednesday to a federal student loan forgiveness program that the agency says could bring relief to thousands of borrowers working in government and nonprofit sectors.
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Student-Debt Relief to Include More Public-Sector WorkersThe Biden administration plans to overhaul the Public Service Loan Forgiveness program that could help roughly 550,000 loan borrowers.
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Troubled student loan forgiveness program gets an overhaulThe program, launched in 2007, aims to steer more college graduates into public service, but just 5,500 borrowers have had their loans erased.
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If You Are Denied Student Loan Forgiveness, Do ThisWhile the debate continues about reforming or expanding existing student loan forgiveness programs, many borrowers have been applying for relief under these programs, only to be denied. In some cases, borrowers may still have options.
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Supreme Court to weigh Sept. 11 terrorism suspect's request to learn more about his tortureAbu Zubaydah wants access to two former CIA contractors who helped devise the U.S. torture program.
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Home Depot hires Walmart delivery drivers to drop off paint and more to customers' doorsThe home improvement retailer is the first major customer for Walmart's new last-mile delivery service.
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