100,000 student borrowers eligible for debt cancellation: DOE
Source: Catherine Lane / Getty
According to NBC4i, nearly 100,000 people are eligible for student loan debt cancelation, the Department of Education announced on Wednesday.
The cancellations would apply to people who were affected by changes the agency made to the Public Service Loan Forgiveness program (PSLF) last year. In total, the cancellations would amount to almost $6.2 billion in student debt relief, according to CNN.
Under the Public Service Loan Forgiveness program, eligible borrowers were promised that their student loan debt would be canceled after they pay on the debt over the course of 10 years.
Get Breaking News & Exclusive Contest in Your Inbox:
The Latest:
- Ohio Kids, Ages 12, 11, and 8, Crash Stolen Car While Fleeing Police
- Judge Overturns DJ Jam Master Jay Murder Conviction
- Jake Paul Says Anthony Joshua Broke His Jaw In 2 Places
- Bye, Milagro! Megan Thee Stallion Seeks Permanent Injunction To Block Blogger’s Constant Commenting
- What Happened To The Streams? 21 Savage’s First-Week Sales Spark Questions
- CBS News & Bari Weiss Dragged For Pulling ’60 Minutes’ Story On Infamous Venezuelan Prison CECOT
- Jaylen Brown Awkwardly Apologizes For Saying Scottie Barnes Has “Extra Chromosome Strength”
- VP JD Vance Tells MAGA Not To ‘Apologize For Being White,’ Then Goes Full Racist On Rep. Jasmine Crockett
- The Prison Rape Elimination Act Isn’t About Sex. It’s About Power And Accountability
- Flame Meets Water: Travis Scott & Tyla Rumored To Be Dating
