Washington, DC-(Effingham Radio)- President Biden is announcing more student loan relief. In a statement, Biden said his administration is forgiving another four-point-two-billion dollars in student loans for nearly 55-thousand public service employees.
The debt relief is for individuals enrolled in the Public Service Loan Forgiveness Program, which allows student relief for firefighters, nurses and teachers who have been making payments for at least ten years. Biden said because of his administration’s work, millions of Americans have breathing room to start businesses, save for retirement and pursue their dreams.
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