The Public Service Loan Forgiveness (PSLF) program, established in 2007 to provide student debt relief to public sector workers, has undergone significant reforms under the Biden administration. These changes have resulted in a dramatic increase in the number of borrowers receiving loan forgiveness, from a mere 7,000 before 2021 to over 1 million as of October 2024. Expanded Eligibility and Streamlined Process A key factor in this surge is the temporary waiver introduced by the Biden administration in 2021. This waiver expanded eligibility by allowing borrowers to receive credit for past periods of deferment or forbearance, among other changes. The … Continue reading 1 Million Public Servants Get Student Loan Relief Since Biden’s Overhaul—A 14,000% Jump from 7,000 in 2021