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  1. Oct 31, 2022 · Learn how to apply for student debt cancellation if you work in public service for 10 years or more. Find out if you are eligible, what benefits and drawbacks of consolidation are, and see examples of eligible borrowers.

  2. May 22, 2024 · The Biden-Harris Administration announced today the approval of $7.7 billion in additional student loan debt relief for 160,500 borrowers. These discharges are for three categories of borrowers: those receiving Public Service Loan Forgiveness (PSLF); those who signed up for President Biden’s Saving on a Valuable Education (SAVE) Plan and who are eligible for its shortened time-to-forgiveness ...

  3. Feb 21, 2024 · The Administration announces automatic discharge of loans for over 150,000 borrowers who meet the eligibility criteria for the SAVE Plan. The SAVE Plan is a repayment plan that accelerates forgiveness for low- and middle-income borrowers.

  4. May 22, 2024 · In April, the administration announced another round of cancellations, totaling $7.4 billion for 277,000 borrowers and declared a new group of student debt relief proposals that could go into ...

  5. May 8, 2023 · The Department has approved $42 billion in Public Service Loan Forgiveness (PSLF) for more than 615,000 borrowers since October 2021. PSLF is a program that forgives federal student loans for public servants who make 120 qualifying payments.

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