Biden announces nearly $5 billion in student loan forgiveness. The additional relief is targeted at federal borrowers working in public service fields. The administration has forgiven about $132 billion in loans for 3.6 million Americans so far.

by mafco

2 comments
  1. More on this subject from other reputable sources:


    – Reuters (A+): [Biden administration forgives $4.8 bln in student debt](https://www.reuters.com/world/us/biden-administration-forgives-48-bln-student-debt-2023-12-06/)
    – NPR (B+): [Government efforts to erase student loan debt have now reached 3.6 million borrowers](https://www.npr.org/2023/12/06/1217552875/government-efforts-to-erase-student-loan-debt-have-now-reached-3-6-million-borro)
    – CNN.com (C-): [Biden administration cancels nearly $5 billion more in student loan debt](https://www.cnn.com/2023/12/06/politics/student-loan-forgiveness-biden/)
    – New York Daily News (B-): [Biden administration announces $4.8 billion in student loan forgiveness for 80K borrowers](https://www.nydailynews.com/2023/12/06/biden-administration-student-loan-debt-forgiveness/)


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  2. I swear Mohela is just ignoring this and pocketing the money…they fought against it in court, they are specifically in charge of the PLSF program and if ANYONE they reap interest from deserves to get loans forgiven its people in public services for 5+ years or more.

    I know so many others who’ve gotten theirs fixed but no pslf people like me. I’m six years in to forgiveness and spent 20+ years working in nonprofits since I was 17.

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