US forgives another $4.5 billion in student debt relief. How much do Floridians owe?
President Joe Biden announced another $4.5 billion in forgiven student debt for public service workers who have been paying for 10+ years.
Student debt cancelled for 1 million public servants, as other relief remains in limbo
Biden administration touts the milestone while courts are blocking other parts of the White House’s student-loan agenda
Biden Cancels $4.5 Billion in Student Debt as Courts Consider Legality of Loan Forgiveness
Republicans have criticized President Joe Biden and Vice President Kamala Harris for overstepping their authority on student-loan forgiveness.
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.
U.S. forgives $4.5 billion in student debt for 60,000 public employees
The Biden administration's latest round of relief should have borrowers learning of their canceled debt in coming weeks.
More than 1 million public workers have received federal student loan relief, according to Biden administration
More than 1 million public workers have received federal student loan relief, according to Biden administration
Biden administration has canceled student loans for over 1 million public workers
Overall, the Biden administration says it has now canceled $175 billion in student loan debt for about 5 million borrowers.
The Biden administration has canceled student loans for more than 1 million in public service jobs
He celebrated it even as his broader student loan plans remain halted by courts following legal challenges by Republican-led states.
Student loans canceled for 1 million public workers
The Public Service Loan Forgiveness program was created in 2007, promising college graduates that their federal student loans would be zeroed out after 10 years working in government or nonprofit jobs.
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