Over the past four years, the Biden administration has forgiven over $180 billion of student debt for 4.9 million borrowers. He wanted to forgive a lot more debt, but the Supreme Court slapped him down, leaving him to employ gimmicks to forgive some student loans piecemeal.
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The Biden administration announced on Thursday that it was forgiving the student debt of $4.28 billion for almost 55,000 public sector workers through the Public Service Loan Forgiveness program. This policy allows for forgiving some loans if the public sector employee recipient has made 120 payments.
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“Four years ago, the Biden-Harris Administration made a pledge to America’s teachers, service members, nurses, first responders, and other public servants that we would fix the broken Public Service Loan Forgiveness
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