Biden-Harris Administration Hits Milestone: Loans Forgiven for 1 Million Public Servants

By Katherine Knott After overhauling a 17-year-old program, the Biden administration has now forgiven student loans for one million public service workers—a milestone the Education Department celebrated as “unprecedented.” The administration crossed the one million threshold Thursday after discharging another $4.5 billion for more than 60,000 student loan borrowers including teachers, nurses and first responders. The department has now forgiven $74 billion in debt through the Public Service Loan Forgiveness program, which Congress created in 2007 to wipe out outstanding loans for qualified borrowers after they made payments for 10 years. Few workers benefited from the program before the Biden administration took over and implemented

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