U.S. Secretary of Education Miguel Cardona

Biden-Harris Administration Approves $7.7 Billion in Additional Student Loan Debt Relief

This measure targets three categories of borrowers: those qualifying for Public Service Loan Forgiveness (PSLF), participants in President Biden’s Saving on a Valuable Education (SAVE) Plan who are eligible for its shortened forgiveness period, and those benefiting from adjustments to income-driven repayment (IDR) plans.