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The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service.
The White House said Friday it approved another $4.28 billion in student debt cancellation for 54,900 additional public service workers in what could be one of the Biden Administration's final act ...
Thousands more borrowers are receiving student-loan forgiveness just one week before President Joe Biden leaves the White House. On Monday, Biden's administration announced $4.2 billion more in ...
Despite a ruling against Biden’s student loan forgiveness program in 2023, the administration continues its effort to provide relief for student loan borrowers.
In March 2020, the CARES Act passed by Congress included a pause on federal student loans repayments and interest until September 30, 2020. [8] On August 8, 2020, the Trump administration issued a memorandum instructing the Secretary of Education to pause on student loan payments and interest through December 31, 2020 using the authority ...
President Joe Biden announced this week that his administration has signed off on $9 billion in student loan debt forgiveness for 125,000 people across the U.S. "By freeing millions of Americans ...