The future of President Joe Biden’s widespread student loan forgiveness program may still be uncertain, but that’s not stopping his administration from implementing other measures to eliminate tens of billions of dollars in college debt.
More than 615,000 borrowers have had $42 billion total in student loan debt forgiven via temporary changes made to the Public Service Loan Forgiveness (PSLF) process since October 2021, the U.S. Department of Education announced Monday. That includes nearly 610,000 borrowers who have seen their debt already discharged.
