The Education Department rolled out a series of major changes to the troubled Public Service Loan Forgiveness (PSLF) program for student loan borrowers in public service in October, and the level of debt cancellation is topping even the government’s estimates.
According to a tweet by Education Secretary Miguel Cardona on Thursday, roughly 10,000 borrowers who were on PSLF have already had $715 million erased because of the change in policy and another 20,000 will be notified in the “coming…
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