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Who qualifies for student loan forgiveness?

Almost 725,000 students with loan debt have received federal support.

college students

This has been done with $17 billion.

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The Department of Education has taken action to correct flaws in student loan programs. This action will grant almost 40,000 borrowers immediate cancellation of their debt through the Public Service Loan Forgiveness (PSLF) program. Read more about it here.

At least 3.6 million more student borrowers will get at least three years of credit towards the income-driven repayment (IDR) program.

So far, more than 113,000 student borrowers have gotten $6.8 billion in debt cancellation through PSLF updates

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