30,000 More People Just Had Their Student Loan Debt Forgiven — Do You Qualify?

30,000 more people — to the tune of about $2 billion — had their debt forgiven. More are on the way.

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The Biden administration is moving forward with its plan to reform the Public Service Loan Forgiveness program. Last week, Secretary of Education Miguel Cardona tweeted that 30,000 borrowers would have around $2 billion in debt forgiven. Here’s what you need to know.

Who qualifies for this round of student loan forgiveness?

Public Service Loan Forgiveness program under new rules announced by the Biden administration in OctoberForbes

Why did PSLF need to be reformed?

many99 percent

Will Biden forgive more student debt?

$1.75 trillion in total student debt

323,000 borrowers with disabilities115,000 former ITT Technical Institute studentswidely supported by the publicpromised by Biden during his presidential campaignin heavily redacted formpandemic pause on student loan interest and repayments expiring in January

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