The White House continued its push to grant student debt relief, recently announcing the cancelation of nearly $5 billion for about 74,000 borrowers. Here’s a look at who is eligible for savings this time around.
With this latest relief package, the Biden administration has now canceled student debt for more than 3.7 million Americans, many of whom are involved, in some capacity, in public service. That appears to be an ongoing theme with the initiative.
According to the White House, nearly 44,000 of these borrowers are teachers, nurses, firefighters and others with 10 years of public service. The other 30,000 are people whove been paying back their loans for at least 20 years and havent seen relief through income-driven repayment plans…
Read the full article at: https://spectrumlocalnews.com/nys/central-ny/news/2024/01/26/who-benefits-from-the-latest-round-of-school-debt-relief