A student loan forgiveness program for public workers has eased the situation for more than 1 million Americans, up from just 7,000 before President Joe Biden’s administration updated the initiative two years ago.
The president announced the milestone this Thursday, stating that his government was thus reestablishing a promise to the country’s teachers, firefighters, nurses and other public servants. He celebrated the brand despite the fact that the general program remains paralyzed by the courts after legal challenges presented by states governed by the Republican Party.
“For too long, the government has failed to live up to its commitments,” Biden said in a statement.
“We were committed to fixing it, and thanks to our government’s actions, more than a million public service workers have now received the help they are entitled to by law.”
The Public Service Loan Forgiveness Program was created in 2007 with the promise to college graduates that the remainder of their federal student loans would be forgiven after 10 years in government or nonprofit employment.
But since 2017, the vast majority of applicants have been rejected due to complicated and obscure eligibility rules.
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