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100,000 borrowers now qualify for student loan forgiveness under PSLF waiver: Education Department

The Biden administration has identified 100,000 borrowers that now qualify for $6.2 billion worth of debt relief under a popular student loan forgiveness program.

United statesDepartment of educationDistrict of columbiaWhite houseMiguel cardonaRon klainJoe bidenPublic service loan forgivenessTechnical instituteEducation departmentEducation miguelEducation secretary miguelService loan forgivenessDirect loansDirect loanFederal family education loan

100,000 borrowers now qualify for student loan forgiveness under PSLF waiver: Education Department

The Biden administration has identified 100,000 borrowers that now qualify for $6.2 billion worth of debt relief under a popular student loan forgiveness program.

United statesDepartment of educationDistrict of columbiaWhite houseMiguel cardonaRon klainJoe bidenPublic service loan forgivenessTechnical instituteEducation departmentEducation miguelEducation secretary miguelService loan forgivenessDirect loansDirect loanFederal family education loan

100,000 borrowers now qualify for student loan forgiveness under PSLF waiver: Education Department

The Biden administration has identified 100,000 borrowers that now qualify for $6.2 billion worth of debt relief under a popular student loan forgiveness program.

United statesDepartment of educationDistrict of columbiaWhite houseMiguel cardonaRon klainJoe bidenPublic service loan forgivenessTechnical instituteEducation departmentEducation miguelEducation secretary miguelService loan forgivenessDirect loansDirect loanFederal family education loan

What is an income-driven repayment plan and how do you qualify for one?

Income-driven repayment plans, or IDRs, make it easier to repay federal student loans, adjusting monthly payments based on your income.

Public service loan forgivenessLoan programCredible operations incCredible operationsBased repaymentIncome based repaymentStandard repaymentDirect loanDirect loan programRepayment planStandard repayment planContingent repaymentIncome contingent repayment planDirect consolidation loanPay as you earnPay as you earn repayment

5 Things You Should Know About Having Your Student Loans Forgiven In The PSFL Program

PSLF is a program that could eliminate some of your student loan debt as long as you meet all the requirements, that is.

Big fourProgram getty imagesPublic service loan forgivenessBush administrationCollege cost reductionEducation departmentUs department of educationGetty imagesAccess actHistorically black collegesPay as you earnIncome based repayment planIncome contingent repayment planExtended repayment planGraduated repayment planConsolidation standard repayment plan

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