Skip to Content

Troubled student loan forgiveness program gets an overhaul

Andrew Cuomo

By COLLIN BINKLEY
AP Education Writer

The Biden administration is temporarily relaxing the rules for a student loan forgiveness program that has been criticized for its notoriously complex requirements. The change could offer debt relief to thousands of teachers, social workers, military members and other public servants. The Education Department said Wednesday it will drop some of the toughest requirements around the Public Service Loan Forgiveness program, which was launched in 2007 to steer more college graduates into public service. Through October 2022, public servants with any type of federal student loan or repayment plan will be eligible for loan forgiveness if they have made 10 years of payments.

Article Topic Follows: AP National News

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content