The Biden administration said last week that 74,000 more student loan borrowers have had their debt canceled. Among those were 44,000 public service workers, including teachers, nurses and firefighters, according to a White House press release.
That additional debt cancellation, totaling $5 billion, is further proof that President Joe Biden is unwavering in his fight for public service workers.
According to the release, the public service workers saw their loans forgiven through the Public Service Loan Forgiveness (PSLF) program.
AFSCME has fought alongside the Biden-Harris administration to repair the broken PSLF program, which was meant to encourage public service work with the promise of having the balance of their federal direct student loans forgiven after 10 years of repayments.
The remaining student loan forgiveness announced on Friday, affecting some 30,000 borrowers, came through fixes made to income-driven repayment plans.
All told, the Biden administration has forgiven around $136 billion in student debt for nearly 3.7 million people.
To learn more about what Biden is doing to fight for working families, visit respectpublicworkers.org.
And to get help and advice related to student debt, visit AFSCME’s student debt resources page.