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The Conversation
The Conversation
William Chittenden, Associate Professor of Finance, Texas State University

Government and nonprofit workers are getting billions in student loan debt canceled through a public service program

The cost of that diploma could fall, depending on this little piggy's career path. Rawf8/iStock via Getty Images Plus

The Public Service Loan Forgiveness program, which the George W. Bush administration created in 2007 to encourage people to work for the government and nonprofits, has grown significantly during Joe Biden’s presidency. The Conversation asked economist William Chittenden to explain what this student loan program is, who is eligible and what has changed lately.

How does the Public Service Loan Forgiveness program work?

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